JOLTS stands for Job Openings and Labor Turnover Survey. The March 2012 statistics show there were 3.39 official unemployed people hunting for a job to every position available^*. There were 3,737,000 job openings for March 2012, an increase of 4.83%, from the previous month of 3,565,000. The press shouts this is the largest number of jobs openings in four years, that's actually wrong. This is the highest number of job openings since July 2008. We were 8 months into the great recession and there were way less people needing a job in July 2008. Openings are still way below pre-recession levels of 4.7 million. Job openings have increased 71% from their July 2009 trough, yet opportunities are still way below the 1.8 persons per job opening at the start of the recession, December 2007. Below is the graph of March official unemployed, 12.673 million, per job opening.

JOLTS stands for Job Openings and Labor Turnover Survey. The December 2011 statistics show there were 3.88 official unemployed people hunting for a job to every position available^*. There were 3,376,000 job openings for December 2011, an increase of 8.27%, from the previous month of 3,118,000. This is a marked improvement from last month. While job openings have increased 60% from their June 2009 trough, jobs are still way below the 1.19 person per job opening at the start of the recession. Below is the graph of number of official unemployed, 13.097 million, per job opening for December 2011.

JOLTS stands for Job Openings and Labor Turnover Survey. The July 12th report on May 2011 data shows there were 4.68 official unemployed people hunting for a job to every position available. There were only 2,974,000 job openings for May 2011, almost the same, +0.7%, from the previous month. Below is the graph of number of official unemployed per job opening for May 2011.