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JOLTS Day Graphs: November 2018 Report Edition

Every month the U.S. Bureau of Labor Statistics releases data on hiring, firing, and other labor market flows from the Job Openings and Labor Turnover Survey, better known as JOLTS. Today, the BLS released the latest data for November 2018. This report doesn’t get as much attention as the monthly Employment Situation Report, but it contains useful information about the state of the U.S. labor market. Below are a few key graphs using data from the report.

1. The quits rate held steady at a historically high level as the labor market continued to tighten.

2. The vacancy yield continued its historic downward trend as job openings yielded fewer hires.

3. The unemployment-per-job openings ratio edged up slightly but is still at historically low levels with less than one unemployed worker per job opening.

4. The Beveridge Curve has changed little this past fall, with the labor market at pre-Recession levels.

post

U.S. economic policies that are pro-work and pro-worker

By Liz Hipple,

January 2, 2019

Liz Hipple,

Inequality & Mobility Labor

TOPICS:

TOPICS: GDP 2.0, Monopsony, Paid Leave, Schedule Stability

post

The intersectional wage gaps faced by Latina women in the United States

By Kate Bahn, Will McGrew,

November 1, 2018

Kate Bahn, Will McGrew,

Labor Inequality & Mobility

TOPICS:

TOPICS: Bargaining Power, Gender, Pay Equity, Race & Ethnicity, Wage Stagnation

post

What to consider during the planned congressional hearing on a $15 minimum wage

By Kate Bahn,

December 11, 2018

Kate Bahn,

Labor

TOPICS:

TOPICS: Minimum Wage, Pay Equity, Wage Stagnation

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JOLTS Day Graphs: November 2018 Report Edition

January 8, 2019

AUTHORS:

Topics

1.

The quits rate held steady at a historically high level as the labor market continued to tighten.

2.

The vacancy yield continued its historic downward trend as job openings yielded fewer hires.

3.

The unemployment-per-job openings ratio edged up slightly but is still at historically low levels with less than one unemployed worker per job opening.

4.

The Beveridge Curve has changed little this past fall, with the labor market at pre-Recession levels.

January 8, 2019

AUTHORS:

Topics

U.S. economic policies that are pro-work and pro-worker

The intersectional wage gaps faced by Latina women in the United States

What to consider during the planned congressional hearing on a $15 minimum wage

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon