2017 Economic Calendar
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JOLTS  
Released On 11/7/2017 10:00:00 AM For Sep, 2017
PriorPrior RevisedConsensusConsensus RangeActual
Job Openings6.082 M6.090 M6.082 M6.050 M to 6.125 M6.093 M

Highlights
September job openings edged up slightly to a very abundant 6.093 million from a revised 6.090 million in August. Over the month, hires and separations were also little changed at 5.3 million and 5.2 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.2 percent and 1.2 percent, respectively.

Large numbers of hires and separations occur every month throughout the business cycle. Net employment change results from the relationship between hires and separations. When the number of hires exceeds the number of separations, employment rises, even if the hires level is steady or declining. Conversely, when the number of hires is less than the number of separations, employment declines, even if the hires level is steady or rising. These totals include workers who may have been hired and separated more than once during the year.

Recent History Of This Indicator
At 4.1 percent, the unemployment rate is low and consistent with full employment which is also the signal from the JOLTS report where job openings have been running over 6 million and nearly matching the number of unemployed actively looking for work. Econoday's consensus for September job openings is 6.082 million.

Definition
The Labor Department's JOLTS report tracks monthly change in job openings and offers rates on hiring and quits. The reporting period lags other employment data including the employment situation report. The word JOLTS stands for Job Openings and Labor Turnover Survey.  Why Investors Care
 
[Chart]
The Job Openings and Labor Turnover Survey provides a different angle to labor market conditions. The key numbers are job openings, hires, and total separations.
Data Source: Haver Analytics
 

2017 Release Schedule
Released On: 1/102/73/164/115/96/67/118/89/1210/1111/712/11
Release For: NovDecJanFebMarAprMayJunJulAugSepOct
 


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