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Office of Survey Methods Research
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Published Year: 2005
Survey/Program(s): Office of Employment and Unemployment Statistics
Catalog: Economic Working Paper
WP Number: WP-388
Publication Status / Disposition: Available from the Office of Employment and Unemployment Statistics (December 2005).
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Studying the Labor Market with the Job Openings and Labor Turnover Survey
Abstract
The Job Openings and Labor Turnover Survey (JOLTS) is a new data source of the Bureau of Labor Statistics that estimates monthly vacancies, hires, and separations. It has quickly become a useful tool for studying the labor market. This chapter summarizes its aggregate and micro-level evidence, including the relations of vacancies and worker flows to unemployment and other measures of labor market conditions. The chapter also discusses the implications of this evidence and the potential of the data for future research.