United States employers reported the highest number of job openings EVER in 2016 since the US started keeping track of these numbers in 2000.
An average of 5.6 million job openings were reported each month during 2016.
The JOLTS Report
Every month the Bureau of Labor Statistics (BLS) lists the number of job openings, new hires, and separations for various reasons, such as people being laid off or people quitting. This report is called the Job Openings, Layoffs, and Turnover Survey (JOLTS) and it is released about two months after the regular monthly jobs report; in other words, the JOLTS report for January is not released until early March. It is a fairly new report, and has only been released since 2000.
Details
In 2016, United States employers reported the highest number of job openings ever. An average of 5.6 million job openings was reported each month in 2016. The top month was July 2016 in which 5.973 million job openings were reported by U. S. employers.
By comparison, in 2009, during the depth of the Recession, only 2.4 million job openings were reported on average each month. The lowest historical month for job openings was July 2009 in which only 2.2 million job openings were reported.
Trump-- The Jobs President?
Now we will see what Trump will do to the number of job openings. Remember that announcements of a few hundred jobs saved or created here or there is really nothing in an economy that has been recording over 5 million job openings a month.
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