With the release of May 2023 data on July 26, 2023 the Job Openings and Labor Turnover Survey (JOLTS) state estimates have been benchmarked, or revised, to incorporate the annual updates to the Current Employment Statistics (CES) state employment data, Quarterly Census of Employment and Wages (QCEW) updated through fourth quarter 2022, JOLTS national benchmarked data, and JOLTS state revised seasonal adjustment factors. Not seasonally adjusted data and seasonally adjusted data from January 2018 forward were subject to revision. Tables showing the revisions from January 2022 through April 2023 are found in the JOLTS state revision tables page.
Also effective with this release, JOLTS has made several changes to the monthly state news release tables. Significant change tables A through E have been removed from the news release and provided as supplemental tables on JOLTS website. The JOLTS state release has included over-the-month change columns for levels and rates to tables 1 through 5. The JOLTS state release has also introduced two new tables which present annual average job openings levels and rates. State annual estimates of levels and rates are published each year during benchmarking.
Also effective with the release, JOLTS improved its state estimation methodology by introducing winsorization, a process which reduces estimate variance.
Additional information about these changes, including the annual average calculation method, is available at www.bls.gov/jlt/jolts-2023-changes.htm.