LABOR MARKET

STATE OF LABOR MARKET

 
  Recent Trend
Employment: ⇧ 1.4% YoY.
 
Unemployment Rate: 4.2%.
 
Claims for Unemployment:
     Initial Claims
     Continuing Claims
 
224 thousand
1.871 million
 
JOLTS - Layoff Rate:
    JOLTS - Quits Rate:
    JOLTS - Hire Rate:
1.0%
2.1%
3.3%
 

LABOR MARKET OVERVIEW

Trends in Employment

Trends in Unemployment Rates

Initial Claims for Unemployment and Continuing Claims for Unemployment on Weekly Basis

Initial Claims for Unemployment Weekly - Cumulative Latest 52 Weeks

LABOR MARKET DASHBOARD

HISTORICAL TRENDS IN JOB GROWTH

Annual Job Growth

Annual % Job Growth

JOBS AND JOBS GROWTH BY SECTOR

Job Distribution

Job Growth - Latest 12 Months

Job Growth Since Peak Prior to COVID Pandemic (2/2020)

Change in Industry Share of Job Market Since 1999

JOBS BY COMPANY SIZE

Jobs by Company Size

Job Growth YoY and QoQ by Company Size

“JOLT” RATES: JOB OPENINGS, LAYOFFS & TERMINATIONS, AND UNEMPLOYMENT RATE

 
 

Job Openings

Job Separations

EMPLOYMENT COSTS

Growth in Hourly Wages.

Employment Cost Index % Change

STATE JOB GROWTH RATES

STATE UNEMPLOYMENT RATES