$USJO (MoM)ECONOMICS:USJO U.S Job Openings Down to 2021-Lows
source: U.S. Bureau of Labor Statistics
The number of Job Openings fell by 237K to 7.673 million in July 2024,
the lowest level since January 2021, compared to a downwardly revised 7.91 million in June, and well below market forecasts of 8.1 mill
Key data points
Last release
—
Observation period
Feb 2025
Next release
—
Forecast
7.50 M PSN
Highest
12.18 M PSN on Mar 31, 2022
Lowest
2.23 M PSN on Jul 31, 2009
About United States Job Offers
In the United States, job openings refer to all positions that are open (not filled) on the last business day of the month. Job openings are part of the Job Openings and Labor Turnover Survey (JOLTS). The survey collects data from around 16400 nonfarm establishments including retailers and manufacturers, as well as federal, state, and local government entities in the 50 states and the District of Columbia. The JOLTS assesses the unmet demand for labor in the U.S. labor market and gained attention in 2014 as favorite labor market indicator of Federal Reserve Chair Janet Yellen.