Job Openings Rate
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A Job Openings Rate is a rate based on the number of job openings on the last business day of the month as a percent of total employment plus job openings.
- Context:
- It can be correlated to a Job Creation Rate.
- Example(s):
- the Mar. 2013 US Job Openings Rate of 2.8, ftp://ftp.bls.gov/pub/time.series/jt/jt.data.2.JobOpenings
- the Jul. 2009 US Job Openings Rate of 1.6, ftp://ftp.bls.gov/pub/time.series/jt/jt.data.2.JobOpenings
- the Dec. 2000 US Job Openings Rate of 3.8, ftp://ftp.bls.gov/pub/time.series/jt/jt.data.2.JobOpenings
- See: Labor Participation Rate.
References
2013
- http://www.bls.gov/news.release/jolts.nr0.htm
- … The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings