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JOLTS Report
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three categories quits or voluntary resignations, layoffs or discharges, and other separations which include deaths and retirements. Job openings and the quits rate were at an all time high in 2021 and 2022 in what came to be called the Great Resignation. See also * Nonfarm payrolls * Occupational Employment and Wage Statistics * Sahm rule - economic indicator predicting recessions * Inverted yield curve In finance, an inverted yield curve is a yield curve in which short-term debt instruments (typically bonds) have a greater yield than longer term bonds. An inverted yield curve is an unusual phenomenon; bonds with shorter maturities gene ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jobs And Quits Rate
Jobs may refer to: * Job, an activity that people do for regular income gain People Jobs is a surname mainly of German origin, some notable people with the surname include: * Steve Jobs (1955–2011), co-founder and former CEO of Apple Inc * Eve Jobs (born 1998), American fashion model, daughter of Steve Jobs * Laurene Powell Jobs (born 1963), American billionaire businesswoman and executive, widow of Steve Jobs * Lisa Brennan-Jobs (born 1978), American writer, daughter of Steve Jobs * Reed Jobs (born 1991), American venture capitalist, son of Steve Jobs Arts and entertainment * ''Jobs'' (film), a 2013 biographical film based on the life of Steve Jobs * Jobs, a major character from K. A. Applegate's '' Remnants'' series * Jobs, a character in the anime and manga series ''Eureka Seven'' * ''Final Fantasy'' character jobs, character classes in the ''Final Fantasy'' video game series Places in the United States * Jobs, Ohio, an unincorporated community * Jobs Peak, a mountain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Resignation
The Great Resignation, also known as the Big Quit and the Great Reshuffle, was a mainly American economic trend in which employees voluntarily resigned from their jobs ''en masse'', beginning in early 2021 during the COVID-19 pandemic. Among the most cited reasons for resigning included wage stagnation amid rising cost of living, limited opportunities for career advancement, hostile work environments, lack of benefits, inflexible remote-work policies, and long-lasting job dissatisfaction. Most likely to quit were workers in hospitality, healthcare, and education. In addition, many of the resigning workers were retiring baby boomers, who are one of the largest demographic cohorts in the United States. Some economists have described the Great Resignation as akin to a general strike, especially with regards to retail workers. However, workforce participation in some regions had returned to or even exceeded the pre-pandemic rate. This suggests that instead of remaining out of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Official Statistics
Official statistics are statistics published by Government, government agencies or other Statutory corporation, public bodies such as International organization, international organizations as a Public good (economics), public good. They provide quantitative or qualitative information on all major areas of citizens' lives, such as economic and social development, living conditions, health, education, and the environment. During the 15th and 16th centuries, statistics were a method for counting and listing populations and State resources. The term ''statistics'' comes from the Neo-Latin ''statisticum collegium'' (council of state) and refers to ''science of the state''. According to the Organisation for Economic Co-operation and Development (OECD), official statistics are statistics disseminated by the national statistical system, excepting those that are explicitly not to be official". Governmental agencies at all levels, including municipal, county, and state administrations, may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Statistical Services
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National Supermar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Statistical System Of The United States
In the United States, the federal statistical system (FSS) refers to a decentralized network of federal agencies which produce data and official statistics about the people, economy, natural resources, and infrastructure of the country. It is led by the Chief Statistician of the United States (CSOTUS) and the Interagency Council on Statistical Policy and is composed of 13 principal statistical agencies and 3 recognized statistical units, 24 Statistical Officials (across 24 major cabinet agencies), approximately 100 additional federal statistical programs engaged in statistical activities, and several cross system interagency and advisory bodies. Background In contrast to many other countries, the United States does not have a primary statistical agency. Instead, the statistical system is decentralized, with 13 statistical agencies, two of which are independent agencies and the remaining 11 generally located in different government departments. This structure keeps statistical work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inverted Yield Curve
In finance, an inverted yield curve is a yield curve in which short-term debt instruments (typically bonds) have a greater yield than longer term bonds. An inverted yield curve is an unusual phenomenon; bonds with shorter maturities generally provide lower yields than longer term bonds. To determine whether the yield curve is inverted, it is a common practice to compare the yield on the 10-year U.S. Treasury bond to either a 2-year Treasury Note, Treasury note or a 3-month Treasury bill. If the 10-year yield is less than the 2-year or 3-month yield, the curve is inverted. History The term "inverted yield curve" was coined by the Canadian economist Campbell Harvey in his 1986 PhD in management, PhD thesis at the University of Chicago. Causes and significance There are several explanations of why the yield curve becomes inverted. The "expectations theory" holds that long-term rates depicted in the yield curve are a reflection of expected future short-term rates, which in turn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sahm Rule
In macroeconomics, the Sahm rule, or Sahm rule recession indicator, is a heuristic measure by the United States' Federal Reserve for determining when an economy has entered a recession. It is useful in real-time evaluation of the business cycle and relies on monthly unemployment data from the Bureau of Labor Statistics (BLS). It is named after economist Claudia Sahm, formerly of the Federal Reserve and Council of Economic Advisors. The Sahm rule states: Origin The Sahm rule originates from a chapter in the Brookings Institution's report on the use of fiscal policy to stabilize the economy during recessions. The chapter, written by Sahm, proposes fiscal policy to automatically send stabilizing payments to citizens to boost economic well-being. By automating this process she saw the opportunity to get aid to people faster. Because the sooner the help was distributed in her view the better the odds that small business can stay open and that people could stay in their homes and ke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupational Employment And Wage Statistics
The Occupational Employment and Wage Statistics) (OEWS) survey is a semi-annual survey of approximately 200,000 non-farm business establishments conducted by the Bureau of Labor Statistics (BLS), headquartered in Washington, DC with six regional offices and one office in each state. Until the spring of 2021 it was officially called the Occupational Employment Statistics (OES), and it is often cited or documented with that name or abbreviation. Purpose The OEWS survey is designed to produce estimates of employment and wages by occupation by four-digit North American Industry Classification System ( NAICS) in each State-level Metropolitan Statistical Area (MSA-“urban”) or Balance-of-State (BOS-“rural”) geographic level, and their aggregates. Semi-annually, a "current" sample is combined with the immediate five prior samples to produce a “combined” sample of approximately 1.2 million establishments (6 x 200,000) to produce OES Estimates. Process During the sampling pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nonfarm Payrolls
Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. Approximately 80% of the workforce is accounted for nonfarm payrolls and it excludes farm workers, private household employees, actively serving military or non-profit organization employees. Approximately 131,000 businesses and government agencies, which amounts to around 670,000 worksites, are surveyed on a monthly basis. It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market. The financial assets most affected by the nonfarm payroll (NFP) data include the US dollar, equities and gold. The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United States
The United States has a highly developed mixed economy. It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). As of 2025, it has the world's seventh highest nominal GDP per capita and ninth highest GDP per capita by PPP. The U.S. accounts for 27% of the global economy in 2025 in nominal terms, and about 16% in PPP terms. The U.S. dollar is the currency of record most used in international transactions and is the world's reserve currency, backed by a large U.S. treasuries market, its role as the reference standard for the petrodollar system, and its linked eurodollar. Several countries use it as their official currency and in others it is the ''de facto'' currency.Benjamin J. Cohen, ''The Future of Money'', Princeton University Press, 2006, ; ''cf.'' "the dollar is the de facto currency in Cambodia", Charles Agar, '' Frommer's Vietnam'', 2006, , p. 17 Since the end of World War II, the economy has achieved relatively ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turnover (employment)
In human resources, turnover refers to the employees who leave an organization. The ''turnover rate'' is the percentage of the total workforce that leave over a given period. Organizations and industries typically measure turnover for a fiscal or calendar year. Reasons for leaving include termination (that is, involuntary turnover), retirement, death, transfers to other sections of the organization, and resignations.Trip, R. (n.d.). Turnover – State of Oklahoma Website. Retrieved from http://www.ok.gov/opm/documents/Employee%20Turnover%20Presentation.ppt External factors—such as financial pressures, work-family balance, or economic crises—may also contribute. Turnover rates may vary over time and across industries. If an employer has a higher turnover rate than its competitors, employees there generally have shorter average tenure than those in other companies within the same industry. High turnover can be particularly harmful to a company's productivity when skilled ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
