JOLTS Day Graphs: September 2019 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 September 2019. 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 has been stable at 2.3% or 2.4% for more than a year.
2.
The number of hires made per job opening appears to be trending up now.
3.
There has been little movement in the number of unemployed workers per job opening.
4.
The job opening declined slightly, to its lowest point since March of 2018.
