JOLTS Archives - Page 2 of 4

The job market cooled in January — that's what the Fed's been hoping for

by Samantha Fields

Mar 8, 2023

There are fewer job openings and fewer people are quitting jobs — signs that the Federal Reserve's interest rate hikes are working as intended.

Job openings fell about 49% in construction, according to the recent JOLTS report. There were also fewer openings in accommodation and food services, and in finance and insurance.

Justin Sullivan/Getty Images

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The impact of survey fatigue on key economic indicators

by Kai Ryssdal

Mar 7, 2023

Response rates to The Bureau of Labor Statistics' JOLTS report are continuing to waver according to Bloomberg reporter, Reade Pickert.

Survey fatigue is impacting response rates to important economic data surveys.

Michael Cohen/Getty Images

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As the job market cools, "job churn" is leveling off from historic pandemic highs

by Justin Ho

Feb 1, 2023

The more people switch jobs, the better the odds anybody can find a better one.

The number of job openings increased in December. But the rates at which people quit their jobs – and at which companies hire – have been stagnating over the last few months.

Spencer Platt/Getty Images

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Why job openings data might not mean what we think it means

by Justin Ho

Oct 17, 2022

JOLTS numbers can tell us about demand for workers. But the data doesn't say how hard employers are trying to hire somebody.

The Labor Department’s JOLTS report asks employers whether they’re “taking steps to fill a position.” But that can mean a lot of different things.

Anna Moneymaker/Getty Images

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There are fewer job openings in the U.S. That could be a sign that the Fed's rate hikes are working.

by Lily Jamali

Oct 4, 2022

There's less demand for workers in retail and many service sectors.

JOLTS numbers show job openings particularly shrank in the retail sector.

Noam Galai/Getty Images for Old Navy

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Job openings rise unexpectedly. Is that a big deal?

by Meghan McCarty Carino

Aug 30, 2022

It pushes back on the idea that the economy is slowing. But the number of workers who quit, were hired or were laid off didn’t change much.

According to the July JOLTS report, open positions increased to 11.2 million.

Spencer Platt/Getty Images

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Most workers who switched jobs earned more, Pew study finds

by Stephanie Hughes

Jul 28, 2022

Even when adjusted for inflation, 60% percent of workers who changed jobs earned more in their new roles.

Pay is a highly visible reason people leave one job for another.

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Is the "Great Resignation" actually normal for the labor market?

by Amy Scott and Andie Corban

Apr 5, 2022

Bart Hobijn of the San Francisco Fed finds that during fast recoveries, workers often leave companies to join other companies.

Companies in industries like food and retail are rehiring after pandemic layoffs, attracting workers from other employers. That drives up the quits rate, says Bart Hobijn of the Federal Reserve Bank of San Francisco.

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4.2 million people quit their jobs in October

by Sabri Ben-Achour

Dec 8, 2021

That was down slightly from September, but still high. Some say watch that figure to know what will happen to the economy in 2022.

According to the latest JOLTS report, the accommodation and food services sector had the largest increase in job openings.

Joe Raedle via Getty Images

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Why are people still leaving their jobs as the pandemic continues?

by Amanda Peacher

Dec 8, 2021

Workers are making their physical and mental health a priority.

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The job market cooled in January — that's what the Fed's been hoping for

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The impact of survey fatigue on key economic indicators

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As the job market cools, "job churn" is leveling off from historic pandemic highs

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Why job openings data might not mean what we think it means

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There are fewer job openings in the U.S. That could be a sign that the Fed's rate hikes are working.

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Job openings rise unexpectedly. Is that a big deal?

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Most workers who switched jobs earned more, Pew study finds

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Is the "Great Resignation" actually normal for the labor market?

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4.2 million people quit their jobs in October

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Why are people still leaving their jobs as the pandemic continues?

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