From my blog post, see full analysis here: https://polimetrics.substack.com/p/job-openings-and-labor-turnover-august
Data from the Job Openings and Labor Turnover Survey. Graph made with Claude.
Since Job Openings peaked in 2022, we have seen a steady decline and are currently tapering off at around pre-pandemic era levels.
Noticeably, hiring rates are currently below where they were prior to the pandemic and just about equal to the monthly hiring rate for April 2020, which was essentially the start of the lockdowns.
If you’re having trouble finding a job, it makes a lot of sense based on this data!
by Public_Finance_Guy