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Source: U.S. Bureau of Labor Statistics
Release: Job Openings and Labor Turnover Survey
Units: Level in Thousands, Seasonally Adjusted
Frequency: Monthly
Total Nonfarm Job Openings are a measure of all jobs that are not filled on the last business day of the month. A job is considered open if a specific position exists and there is work available for it, the job can be started within 30 days, and there is active recruiting for the position.
Total Nonfarm Job Openings are measured by the Job Openings and Labor Turnover Survey (JOLTS) and published by the Bureau of Labor Statistics (BLS). These data are a unique economic indicator of unmet demand for labor and labor shortages. Economists, government officials, and researchers use Job Openings as a measure of tightness within job markets.
Note that the set of available job openings may decline because openings become filled, or because previous openings are removed without filling positions.
For more information, see:
U.S. Bureau of Labor Statistics, Job Openings and Labor Turnover Survey Overview Page
U.S. Bureau of Labor Statistics, Data Definitions
U.S. Bureau of Labor Statistics, Job Openings: Total Nonfarm [JTSJOL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSJOL, .
Source: U.S. Bureau of Labor Statistics
Release: Employment Situation
Units: Percent, Seasonally Adjusted
Frequency: Monthly
The unemployment rate represents the number of unemployed as a percentage of the labor force. Labor force data are restricted to people 16 years of age and older, who currently reside in 1 of the 50 states or the District of Columbia, who do not reside in institutions (e.g., penal and mental facilities, homes for the aged), and who are not on active duty in the Armed Forces.
This rate is also defined as the U-3 measure of labor underutilization.
The series comes from the 'Current Population Survey (Household Survey)'
The source code is: LNS14000000
U.S. Bureau of Labor Statistics, Unemployment Rate [UNRATE], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UNRATE, .
Job Openings: Total Nonfarm
Monthly, Not Seasonally Adjusted Rate, Monthly, Not Seasonally Adjusted Rate, Monthly, Seasonally AdjustedUnemployment Rate
Monthly, Not Seasonally Adjusted