Economic Indicators
Job Seekers Ratio
Updated: May 8, 2012
Monthly analysis of the Bureau of Labor Statistics’ report on job openings and labor turnover.
The odds of finding a job are improving, but are still stacked against job seekers
| 12:21 pm, May 8, 2012
Today’s release of the March Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics was mixed. Job openings increased by 172,000 in March. In combination with the drop in unemployment of 133,000 in March, this means that the “job seekers ratio”—the ratio of unemployed workers to job openings—declined moderately to 3.4-to-1.
Posted May 8, 2012 |
Read the full report from EPI »
Previous reports
Low number of voluntary quits underscores that young workers lack opportunities for advancement
Posted on April 10, 2012 | 12:50 pm
Job openings survey shows openings and hires both dropped in January
Posted on March 13, 2012 | 12:08 pm
Job-seekers ratio improves but has been above the highest rate of early 2000s downturn for more than three years
Posted on February 7, 2012 | 1:34 pm
