Description
The United States Job Openings data is derived from the Job Openings and Labor Turnover Survey (JOLTS) and is released by the Bureau of Labor Statistics (BLS). This indicator reflects the number of job positions that remain unfilled by businesses at a specific time and is often used to assess the supply-demand balance in the labor market and the overall health of the economy. Generally, higher job openings indicate strong labor demand and suggest economic expansion, while lower job openings may signal weak business demand or a slowdown in economic growth.
The statistical coverage of job openings includes businesses of all sizes across all states in the U.S., encompassing all non-farm industries, including sectors such as manufacturing, services, and finance.
This data is released monthly, providing insights into the job openings situation of the previous month, and is typically published alongside data on labor turnover, such as quit rates and hiring rates.