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Economy

Economic Data (USA)

Tuesday, July 02, 2024

Job Openings and Labor Turnover Survey (JOLTS) for May 2024

Job Openings and Labor Turnover Survey (JOLTS*) for May 2024 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 8,000,000
  • Actual:   8,140,000
-------------------------
  • Previous Month (revised): 7,919,000

  • One Year Previous: 9,311,000

  • Change from one year previous: -12.58% (-1,171,000)


=============

HIRES: 5,756,000

HIRES vs. 12 Months Previous: -6.73% (-415,000)

-----------

QUITS: 3,459,000

QUITS vs. 12 Months Previous: -13.72% (-550,000)


-----------

LAYOFFS + DISCHARGES: 1,654,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +8.03% (+123,000)

-----------

TOTAL SEPARATIONS §: 5,422,000

TOTAL SEPARATIONS vs. 12 Months Previous: -7.25% (-424,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

CHART: Number of Jobless People per Job Opening - MAY 2024 UPDATE
CHART: Number of Jobless People
per Job Opening
MAY 2024 UPDATE

=============
=============

============= 

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Wednesday, May 01, 2024

Job Openings and Labor Turnover Survey (JOLTS) for March 2024

Job Openings and Labor Turnover Survey (JOLTS*) for March 2024 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 8,500,000
  • Actual:   8,488,000
-------------------------
  • Previous Month (revised): 8,813,000

  • One Year Previous: 9,623,000

  • Change from one year previous: -11.79% (-1,135,000)


=============

HIRES: 5,500,000

HIRES vs. 12 Months Previous: -7.64% (-455,000)

-----------

QUITS: 3,329,000

QUITS vs. 12 Months Previous: -12.6% (-480,000)


-----------

LAYOFFS + DISCHARGES: 1,526,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -16.38% (-299,000)

-----------

TOTAL SEPARATIONS §: 5,200,000

TOTAL SEPARATIONS vs. 12 Months Previous: -12.12% (-717,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============


CHART: Number of Jobless People per Job Opening - MARCH 2024 UPDATE
CHART: Number of Jobless People
per Job Opening
MARCH 2024 UPDATE

=============

============= 

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Wednesday, March 06, 2024

Job Openings and Labor Turnover Survey (JOLTS) for January 2024

Job Openings and Labor Turnover Survey (JOLTS*) for January 2024 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 8,800,000
  • Actual:   8,863,000
-------------------------
  • Previous Month (revised): 8,889,000

  • One Year Previous: 10,425,000

  • Change from one year previous: -15.0% (-1,562,000)


=============

HIRES: 5,687,000

HIRES vs. 12 Months Previous: -10.78% (-687,000)

-----------

QUITS: 3,385,000

QUITS vs. 12 Months Previous: -12.8% (-497,000)


-----------

LAYOFFS + DISCHARGES: 1,572,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: -15.85% (-296,000)

-----------

TOTAL SEPARATIONS §: 5,341,000

TOTAL SEPARATIONS vs. 12 Months Previous: -11.23% (-676,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Number of Jobless People per Job Opening - JANUARY 2024 UPDATE
CHART: Number of Jobless People
per Job Opening
JANUARY 2024 UPDATE

=============


=============

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Friday, November 10, 2023

Job Openings and Labor Turnover Survey (JOLTS) for September 2023

Job Openings and Labor Turnover Survey (JOLTS*) for September 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,400,000
  • Actual:    9,553,000
-------------------------
  • Previous Month (revised): 9,497,000

  • One Year Previous: 10,854,000

  • Change from one year previous: -11.99% (-1,301,000)


=============

HIRES: 5,871,000

HIRES vs. 12 Months Previous: -5.7% (-355,000)

-----------

QUITS: 3,661,000

QUITS vs. 12 Months Previous: -9.94% (-404,000)


-----------

LAYOFFS + DISCHARGES: 1,517,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +5.64% (+81,000)

-----------

TOTAL SEPARATIONS §: 5,530,000

TOTAL SEPARATIONS vs. 12 Months Previous: -4.82% (-280,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate - September 2023 UPDATE
CHART: Job Openings Rate
 September 2023 UPDATE

=============


============= 

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Tuesday, October 03, 2023

Job Openings and Labor Turnover Survey (JOLTS) for August 2023

Job Openings and Labor Turnover Survey (JOLTS*) for August 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,500,000
  • Actual:    9,610,000
-------------------------
  • Previous Month (revised): 8,920,000

  • One Year Previous: 10,198,000

  • Change from one year previous: -5.77% (-588,000)


=============

HIRES: 5,857,000

HIRES vs. 12 Months Previous: -9.59% (-621,000)

-----------

QUITS: 3,638,000

QUITS vs. 12 Months Previous: -14.24% (-604,000)


-----------

LAYOFFS + DISCHARGES:  1,680,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +3.26% (+53,000)

-----------

TOTAL SEPARATIONS §: 5,676,000

TOTAL SEPARATIONS vs. 12 Months Previous: -9.1% (-568,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate -  August 2023 UPDATE

CHART: Job Openings Rate
 August 2023 UPDATE

=============


============= 

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Tuesday, August 29, 2023

Job Openings and Labor Turnover Survey (JOLTS) for July 2023

Job Openings and Labor Turnover Survey (JOLTS*) for July 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,500,000
  • Actual:    8,827,000
-------------------------
  • Previous Month (revised): 9,165,000

  • One Year Previous: 11,380,000

  • Change from one year previous: -22.43% (-2,553,000)


=============

HIRES: 5,773,000

HIRES vs. 12 Months Previous: -8.94% (-567,000)

-----------

QUITS: 3,549,000

QUITS vs. 12 Months Previous: -11.63% (-467,000)

-----------

LAYOFFS + DISCHARGES: 1,555,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +3.87% (+58,000)

-----------

TOTAL SEPARATIONS §: 5,483,000

TOTAL SEPARATIONS vs. 12 Months Previous: -6.5% (-381,000)

=============
 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate - July 2023 UPDATE
CHART: Job Openings Rate
 July 2023 UPDATE

=============


============= 

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Thursday, July 06, 2023

Job Openings and Labor Turnover Survey (JOLTS) for May 2023

Job Openings and Labor Turnover Survey (JOLTS*) for May 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 10,000,000
  • Actual:    9,824,000
-------------------------
  • Previous Month (revised): 10,320,000

  • One Year Previous: 11,443,000

  • Change from one year previous: -14.148% (-1,619,000)


=============

HIRES: 6,208,000

HIRES vs. 12 Months Previous: -5.15% (-337,000)

-----------

QUITS: 4,015,000

QUITS vs. 12 Months Previous: -4.59% (-193,000)

-----------

LAYOFFS + DISCHARGES: 1,555,000 

LAYOFFS + DISCHARGES vs. 12 Months Previous: +4.93% (+73,000)

-----------

TOTAL SEPARATIONS §: 5,871,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate - May 2023 UPDATE
CHART: Job Openings Rate
May 2023 UPDATE

=============


============= 
 

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Wednesday, May 31, 2023

Job Openings and Labor Turnover Survey (JOLTS) for April 2023

Job Openings and Labor Turnover Survey (JOLTS*) for April 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,400,000
  • Actual:    10,103,000
-------------------------
  • Previous Month (revised): 9,745,000

  • One Year Previous: 11,755,000

  • Change from one year previous: -14.054% (-1,652,000)


=============

Hires: 6,115,000

-----------

Quits: 3,793,000


-----------

Layoffs + Discharges: 1,581,000 


-----------

Total Separations §: 5,708,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate - April 2023 UPDATE
CHART: Job Openings Rate
April 2023 UPDATE

=============


============= 

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Tuesday, May 02, 2023

Job Openings and Labor Turnover Survey (JOLTS) for March 2023

Job Openings and Labor Turnover Survey (JOLTS*) for March 2023 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 9,500,000
  • Actual:    9,590,000
-------------------------
  • Previous Month (revised): 9,974,000

  • One Year Previous: 12,027,000

  • Change from one year previous: -20.263% (-2,437,000)


=============


Hires: 6,149,000

-----------

Quits: 3,851,000


-----------

Layoffs + Discharges: 1,805,000 


-----------

Total Separations §: 5,932,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============


CHART: Job Openings Rate - March 2023 UPDATE
CHART: Job Openings Rate
March 2023 UPDATE

=============


============= 

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Thursday, December 01, 2022

Job Openings and Labor Turnover Survey (JOLTS) for October 2022

Job Openings and Labor Turnover Survey (JOLTS*) for October 2022 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 10,500,000
  • Actual:    10,334,000
-------------------------
  • Previous Month (revised): 10,687,000

  • One Year Previous: 11,094,000

  • Change from one year previous: -6.85% (-760,000)


=============


Hires: 6,012,000

-----------

Quits: 4,026,000


-----------

Layoffs + Discharges: 1,387,000 


-----------

Total Separations §: 5,683,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============


CHART: Job Openings Rate - October 2022 UPDATE

CHART: Job Openings Rate
October 2022 UPDATE

  =============


============= 

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Tuesday, October 04, 2022

Job Openings and Labor Turnover Survey (JOLTS) for August 2022

Job Openings and Labor Turnover Survey (JOLTS*) for August 2022 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 11,000,000
  • Actual:    10,053,000
-------------------------
  • Previous Month (revised): 11,170,000

  • One Year Previous: 10,629,000

  • Change from one year previous: -5.42% (-576,000)


=============


Hires: 6,277,000

-----------

Quits: 4,158,000


-----------

Layoffs + Discharges: 1,460,000 


-----------

Total Separations §: 5,976,000


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

CHART: Job Openings Rate - August 2022 UPDATE

CHART: Job Openings Rate - August 2022 UPDATE

  =============


=============

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Thursday, August 04, 2022

Job Openings and Labor Turnover Survey (JOLTS) for June 2022

Job Openings and Labor Turnover Survey (JOLTS*) for June 2022 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 11,050,000
  • Actual:    10,698,000
-------------------------
  • Previous Month (revised): 11,303,000

  • One Year Previous: 9,852,000

  • Change from one year previous: +8.59% (+846,000)


=============


Hires: 6,374,000

-----------

Quits: 4,237,000


-----------

Layoffs + Discharges: 1,327,000


-----------

Total Separations §: 5,931,000 


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

 CHART: Job Openings Rate - June 2022 UPDATE

CHART: Job Openings Rate - June 2022 UPDATE

 =============


=============


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Wednesday, July 06, 2022

Job Openings and Labor Turnover Survey (JOLTS) for May 2022

The Job Openings and Labor Turnover Survey (JOLTS*) for May 2022 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 11,300,000
  • Actual:    11,254,000
-------------------------
  • Previous Month (revised): 11,681,000

  • One Year Previous: 9,639,000

  • Change from one year previous: +16.75% (+1,615,000)


=============


Hires: 6,489,000

-----------

Quits: 4,270,000


-----------

Layoffs + Discharges: 1,389,000


-----------

Total Separations §: 5,983,000 


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."


=============

 

CHART: Job Openings Rate - May 2022 UPDATE

CHART: Job Openings Rate - May 2022 UPDATE

 =============


=============


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Wednesday, June 01, 2022

Job Openings and Labor Turnover Survey (JOLTS) for April 2022

The Job Openings and Labor Turnover Survey (JOLTS*) for April 2022 was released by the Labor Department this morning:

=============

Job Openings

Predicted: 11,375,000
Actual:    11,400,000

  • Previous Month (revised): 11,855,000

  • One Year Previous: 9,265,000

  • Change from one year previous: +23.044% (+2,135,000)


=============


Hires: 6,586,000

-----------

Quits: 4,424,000


-----------

Layoffs + Discharges: 1,246,000


-----------

Total Separations §: 6,033,000 


=============

 

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

=============


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Tuesday, May 03, 2022

Job Openings and Labor Turnover Survey (JOLTS) for March 2022

The Job Openings and Labor Turnover Survey (JOLTS*) for March 2022 was released by the Labor Department this morning:


=============

Job Openings

Predicted: 11,300,000
Actual:    11,549,000 [New Record High]

  • Previous Month (revised): 11,344,000

  • One Year Previous: 8,480,000

  • Change from one year previous: +36.191% (+3,069,000)


=============


Hires: 6,737,000

-----------

Quits: 4,536,000


-----------

Layoffs + Discharges: 1,405,000


-----------

Total Separations §: 6,321,000 


=============


 
CHART: Job Openings Rate - March 2022 Update

 CHART: Job Openings Rate
March 2022 Update
 

 =============

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

=============


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Tuesday, March 29, 2022

Job Openings and Labor Turnover Survey (JOLTS) for February 2022

The Job Openings and Labor Turnover Survey (JOLTS*) for February 2022 was released by the Labor Department this morning:


=============

Job Openings

Predicted: 11,200,000
Actual:    11,266,000

  • Previous Month (revised): 11,283,000

  • One Year Previous: 7,860,000

  • Change from one year previous: +43.333% (+3,406,000)


=============


Hires: 6,689,000

-----------

Quits: 4,352,000


-----------

Layoffs + Discharges: 1,386,000


-----------

Total Separations §: 6,092,000


=============


 
CHART: Job Openings Rate - February 2022 Update

CHART: Job Openings Rate
February 2022 Update

 =============

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

=============


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Wednesday, March 09, 2022

Job Openings and Labor Turnover Survey (JOLTS) for January 2022

The Job Openings and Labor Turnover Survey (JOLTS*) for January 2022 was released by the Labor Department this morning:


=============

Job Openings

Predicted: 11,000,000
Actual:    11,263,000

  • Previous Month (revised): 11,448,000

  • One Year Previous: 7,232,000

  • Change from one year previous: +55.738% (+4,031,000)


=============

Hires: 6,457,000

Toal Hires During 2021: 75,550,000  

-----------

Quits: 4,252,000

Total Quits During 2021: 47,825,000

-----------

Total Separations §: 6,058,000  

Total Separations During 2021 §: 69,045,000 

=============

CHART: Job Openings Rate - January 2022 Update

CHART: Job Openings Rate
January 2022 Update

 =============

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

=============


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Tuesday, February 01, 2022

Job Openings and Labor Turnover Survey (JOLTS) for December 2021

The Job Openings and Labor Turnover Survey (JOLTS*) for December 2021 was released by the Labor Department this morning:

============

Job Openings

Predicted: 11,000,000
Actual:    10,925,000

  • Previous Month (revised): 10,775,000

  • One Year Previous: 6,752,000

  • Change from one year previous: +61.804% (+4,173,000)


=============

Hires: 6,263,000 

Quits: 4,338,000

Total Separations §: 5,900,000 

=============

CHART: Job Openings Rate - December 2021 Update

CHART: Job Openings Rate
December 2021 Update

 =============

§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

=============

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Tuesday, January 04, 2022

Job Openings and Labor Turnover Survey (JOLTS) for November 2021

The Job Openings and Labor Turnover Survey (JOLTS*) for November 2021 was released by the Labor Department this morning:

============

Job Openings

Predicted: 11,000,000
Actual:    10,562,000

  • Previous Month (revised): 11,091,000

  • One Year Previous: 6,766,000

  • Change from one year previous: +56.104% (3,796,000)


=============

Hires: 6,697,000 

Quits: 4,527,000 (Brand New, All-Time Record High)

Total Separations §: 6,273,000 

=============
 

CHART: Job Openings Rate - November 2021 Update

CHART: Job Openings Rate
November 2021 Update

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§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

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Wednesday, December 08, 2021

Job Openings and Labor Turnover Survey (JOLTS) for October 2021

The Job Openings and Labor Turnover Survey (JOLTS*) for October 2021 was released by the Labor Department this morning:

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Job Openings

Predicted: 11,000,000
Actual:    11,033,000

  • Previous Month (revised): 10,602,000

  • One Year Previous: 6,873,000

  • Change from one year previous: +60.527% (+4,160,000)


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Hires: 6,464,000 

Quits: 4,157,000

Total Separations §: 5,892,000 

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CHART: Job Openings Rate October 2021 Update

CHART: Job Openings Rate
October 2021 Update

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§ = Here's How The Labor Department Defines Total Separations:


"Total separations includes quits, layoffs and discharges, and other separations. Total separations is referred to as turnover. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm."

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