2013 Economic Calendar
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JOLTS  
Released On 10/24/2013 10:00:00 AM For Aug, 2013
PriorPrior RevisedConsensusConsensus RangeActual
Job Openings3.689 M3.808 M3.725 M2.865 M to 3.780 M3.883 M

Highlights
There were 3.883 million job openings on the last business day of August, up from July at a revised 3.808 million. The latest figure posted above the consensus forecast for 3.725 million. The job openings rate improved slightly to 2.8 percent from 2.7 percent in July.

The hires rate was unchanged at 3.3 percent in August while the separations rate edged up to 3.2 percent from 3.1 percent in July. The hires and separations trends remain on a lower trajectory than openings-indicating that firms are having a hard time finding qualified applicants. And meanwhile, hires are only modestly above separations.

Overall, the latest JOLTS report continues to point to a sluggish jobs market.

This report was originally scheduled for October 8, 2013 but was delayed due to the government shutdown.

Recent History Of This Indicator
The Labor Department's Job Openings and Labor Turnover Survey in July showed that jobs were harder to find that month. There were 3.689 million job openings on the last business day of July, down marginally from June at a revised 3.869 million. The job openings rates slipped to 2.6 percent from 2.8 percent in June. This release is produced by the Labor Department and the scheduled release time may be affected by federal government budget issues.

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
 

2013 Release Schedule
Released On: 3/124/95/76/117/98/69/1010/2411/2212/10
Release For: JanFebMarAprMayJunJulAugSepOct
 


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