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The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
The latest Job Openings and Labor Turnover Survey (JOLTS) — which provides a sense of how much churn and movement there is in the job market — is the first major report to land in an economic ...
The Labor Department's JOLTS report for September showed fewer job openings than expected, with the number of unfilled positions at its lowest level since January 2021.
The JOLTS report showed hiring dropped 167,000 to 5.773 million, the lowest level since January 2021. The hires rate fell to 3.7%, the lowest since April 2020, from 3.8% in June.
The JOLTS report also showed the quits rate, a sign of confidence among workers, held at 2.2% for the fourth consecutive month. Though the data from Tuesday's release is from February and other ...
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls [1] and it excludes farm workers, private household employees, actively serving military or non-profit organization employees.
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A lesser known report known as the Job Openings and Labor Turnover Survey (JOLTS) offers more detail into labor market churn than the attention-getting monthly jobs report.