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Unemployed Job Seekers Per Opening

(JOLTS)
Unemployed Job Seekers Per Opening

Overview

New York State and United States

April 2021 - April 2022

jolts april 2022

Data Highlights: March 2022 (seasonally adjusted)

Data Highlights: April 2022 (seasonally adjusted)

According to the U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS), in April 2022 there were 573,000 job openings in New York State. This was down 2.6% from March’s revised level of 588,000. At the same time, the number of unemployed in New York State decreased from 428,700 in March to 422,100 in April 2022.

The ratio of unemployed job seekers to job openings is a useful labor market indicator. It is calculated by dividing the number of unemployed workers by the number of job openings. In April 2022, there were 0.7 job seekers per job opening in New York State, unchanged from March’s level. The state’s ratio stood at 1.4 in April 2021.

Nationally, the number of job openings decreased by 3.8% and the number of unemployed decreased by 0.2% between March and April 2022. As a result, the ratio of unemployed job seekers to job openings in the U.S. held steady at 0.5 during this period. In April 2021, the U.S. ratio was 1.0.

At the beginning of the last national recession in February 2020, the number of unemployed job seekers per job opening stood at 1.0 in New York State and at 0.8 in the nation.

Historical Unemployed Job Seekers per Opening data, New York State and U.S.

Historical data (2001-present)

Historical data with recession period shading (2001-present)

The Job Openings and Labor Turnover Survey (JOLTS) program produces data on job openings, hires and separations:https://www.bls.gov/jlt/

Unemployment data come from the U.S. Bureau of Labor Statistics’ Local Area Unemployment Statistics (LAUS) program: https://www.bls.gov/bls/unemployment.htm