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Unemployed Job Seekers Per Opening

(JOLTS)
Unemployed Job Seekers Per Opening

Overview

New York State and United States

November 2020 - November 2021

graph showing job seekers per opening

Data Highlights: November 2021 (seasonally adjusted)

According to the U.S. Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS), in November 2021 there were 636,000 job openings in New York State. This was up 12.6% from October’s revised level of 565,000. At the same time, the number of unemployed in New York State decreased from 639,000 in October to 614,300 in November 2021.

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 November 2021, there was 1.0 job seeker per job opening in New York State, down from October’s level of 1.1. The state’s ratio stood at 2.3 in November 2020.

Nationally, the number of job openings decreased by 4.8% and the number of unemployed decreased by 7.8% between October and November 2021. As a result, the ratio of unemployed

job seekers to job openings in the U.S. decreased from 0.7 to 0.6 over this period. In November 2020, the U.S. ratio was 1.6.

At the beginning of the last national recession in February 2020, the number of unemployed job seekers per job opening stood at 0.9 in New York State and at 0.8 in the nation

 

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