U.S. Economic Metrics

Economic Data: Job Openings (JOLTS) Data And Chart

Updated: Jun 01, 2024 | Published: Jun 01, 2024
Verified Investing
By Verified Investing
Economic Data: Job Openings (JOLTS) Data And Chart

The Job Openings (JOLTS) data shows investors the relative strength of the economy. The higher the number, the more labor is in demand and stronger the economy. The lower the number, the weaker the economy.

JOLTS data has been consistently in decline over the last two years. This means there are less and less job openings for the unemployed. While some may think this speaks to a weak economy, the level of job openings is still above historic averages.

Per last month, the JOLTS data came in at 8.488 million. This week, on June 4th at 10am ET, the new JOLTS number will be released with expectations at 8.34 million.