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State of the Labor Market

Commentary, data, analysis and insight into the US and global economy.

Line chart showing unemployed workers per job openings from January 2001 through October 2021.

October 2021 JOLTS Report: Openings Up but Quitting Cools Down

Line chart showing unemployed workers per job openings from January 2001 through October 2021.
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This report once again shows strong demand from employers leading to a hot labor market.


Businesswoman working on computer in an office

Indeed US Job Postings Tracker: Data Through December 3

Businesswoman working on computer in an office
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US job postings on Indeed.com on December 3 were 58% above February 1, 2020, the pre-pandemic baseline. Employers remain eager to hire workers who hire others, with HR job postings 118.8% above baseline.


Line graph showing the employment rate for workers ages 25 to 54 from February 2020 to May 2022.

November 2021 Jobs Day Report: A Tale of Two Surveys

Line graph showing the employment rate for workers ages 25 to 54 from February 2020 to May 2022.
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The underlying momentum of the labor market is still strong, but this month shows more uncertainty than expected.


Bar chart showing growth in quits by industry since February 2020.

September 2021 JOLTS Report: Job Openings Decline, but Quits Rise

Bar chart showing growth in quits by industry since February 2020.
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Workers continue to quit at historic levels, with the quits rate hitting an all-time high of 3%.


Businesspeople wearing masks in the office.

Indeed US Job Postings Tracker: Data Through November 5

Businesspeople wearing masks in the office.
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US job postings on Indeed.com on November 5 were 51.4% above February 1, 2020, the pre-pandemic baseline. Job postings with low advertised wages have lagged middle and high advertised wage job postings since the delta surge.