Job Openings from the US Job Openings and Labor Turnover Survey (JOLTS)
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The Job Openings and Labor Turnover Survey (JOLTS) is conducted to evaluate trends in the U.S. labor market, with job openings being a key component. This data is released monthly by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor and is crucial for assessing the health of the job market.
Job openings represent the number of positions companies are actively looking to fill, indicating the strength of labor demand. When job openings are increasing, it suggests that companies are actively hiring, indicating a robust labor market. Conversely, when job openings decrease, it suggests that companies' hiring intentions are waning, possibly indicating a stagnating labor market.
This data serves as a reference for policymakers to evaluate labor market trends and formulate appropriate employment policies. Additionally, it is a valuable source of information for businesses and investors to understand trends in the job market and make economic forecasts.
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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
