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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Job Openings and Labor Turnover Survey  

Units:  Level in Thousands, Seasonally Adjusted

Frequency:  Monthly

Suggested Citation:

U.S. Bureau of Labor Statistics, Quits: Total Nonfarm [JTSQUL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSQUL, August 13, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Job Openings and Labor Turnover Survey  

Units:  Level in Thousands, Seasonally Adjusted

Frequency:  Monthly

Suggested Citation:

U.S. Bureau of Labor Statistics, Layoffs and Discharges: Total Nonfarm [JTSLDL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSLDL, August 13, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Job Openings and Labor Turnover Survey  

Units:  Level in Thousands, Seasonally Adjusted

Frequency:  Monthly

Suggested Citation:

U.S. Bureau of Labor Statistics, Hires: Total Nonfarm [JTSHIL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSHIL, August 13, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Job Openings and Labor Turnover Survey  

Units:  Level in Thousands, Seasonally Adjusted

Frequency:  Monthly

Suggested Citation:

U.S. Bureau of Labor Statistics, Total Separations: Total Nonfarm [JTSTSL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/JTSTSL, August 13, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Employment Situation  

Units:  Thousands of Persons, Seasonally Adjusted

Frequency:  Monthly

Notes:

All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number of U.S. workers in the economy that excludes proprietors, private household employees, unpaid volunteers, farm employees, and the unincorporated self-employed. This measure accounts for approximately 80 percent of the workers who contribute to Gross Domestic Product (GDP).

This measure provides useful insights into the current economic situation because it can represent the number of jobs added or lost in an economy. Increases in employment might indicate that businesses are hiring which might also suggest that businesses are growing. Additionally, those who are newly employed have increased their personal incomes, which means (all else constant) their disposable incomes have also increased, thus fostering further economic expansion.

Generally, the U.S. labor force and levels of employment and unemployment are subject to fluctuations due to seasonal changes in weather, major holidays, and the opening and closing of schools. The Bureau of Labor Statistics (BLS) adjusts the data to offset the seasonal effects to show non-seasonal changes: for example, women's participation in the labor force; or a general decline in the number of employees, a possible indication of a downturn in the economy. To closely examine seasonal and non-seasonal changes, the BLS releases two monthly statistical measures: the seasonally adjusted All Employees: Total Nonfarm (PAYEMS) and All Employees: Total Nonfarm (PAYNSA), which is not seasonally adjusted.

The series comes from the 'Current Employment Statistics (Establishment Survey).'

The source code is: CES0000000001

Suggested Citation:

U.S. Bureau of Labor Statistics, All Employees, Total Nonfarm [PAYEMS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PAYEMS, August 13, 2022.

Source: U.S. Bureau of Labor Statistics  

Release: Job Openings and Labor Turnover Survey  

Units:  Level in Thousands, Seasonally Adjusted

Frequency:  Monthly

Notes:

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

Suggested Citation:

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, August 13, 2022.

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