JOLTS report
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Total job openings
Total quits
Total hires
Total quits
Total layoffs
Cold job market
Balanced job market
Hot job market
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three categories quits or voluntary resignations, layoffs or discharges, and other separations which include deaths and retirements. Job openings and the quits rate were at an all time high in 2021 and 2022 in what came to be called the Great Resignation.[1][2][3]
See also
[edit | edit source]- Frisch elasticity of labor supply
- Ghost job
- Inverted yield curve
- Nonfarm payrolls
- Occupational Employment and Wage Statistics
- Sahm rule - economic indicator predicting recessions
- Youth unemployment
References
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