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Job Openings And Labor Turnover Survey
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring Employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three categories quits or voluntary resignations, layoffs or discharges, and other separations which include deaths and retirements. Job openings and the quits rate were at an all time high in 2021 and 2022 triggering the Great Resignation The Great Resignation, also known as the Big Quit and the Great Reshuffle, is an ongoing economic trend in which employees have voluntarily resigned from their jobs ''en masse,'' beginning in early 2021 in the wake of the COVID-19 pandemic. Amo .... See also * Nonfarm payrolls * Occupational Employment and Wage Statistics References {{reflist Federal Statistical System of the United States National ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jobs And Quits Rate
Jobs may refer to: * Job, an activity that people do for regular income gain People * Steve Jobs (1955–2011), co-founder and former CEO of Apple Inc ** Steve Jobs (other) * Laurene Powell Jobs (born 1963), widow of Steve Jobs * Lisa Brennan-Jobs (born 1978), daughter of Steve Jobs Arts and entertainment * Dirty Jobs, a 2003 television show hosted by Mike Rowe * ''Jobs'' (film), a 2013 biographical film based on the life of Steve Jobs * Jobs, a major character from K. A. Applegate's ''Remnants'' series * Jobs, a character in the anime and manga series ''Eureka Seven'' * ''Final Fantasy'' character jobs, character classes in the ''Final Fantasy'' video game series Places * Jobs, Ohio, an unincorporated community * Jobs Peak, a mountain in California Other uses * Job Brothers & Co., Limited, commonly referred to as Jobs, a mercantile empire in Newfoundland * .jobs, a top-level internet domain * Jumpstart Our Business Startups Act, a law intended to encourage fund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Job Seekers Ratio
Work or labor (or labour in British English) is intentional activity people perform to support the needs and wants of themselves, others, or a wider community. In the context of economics, work can be viewed as the human activity that contributes (along with other factors of production) towards the goods and services within an economy. Work is fundamental to all societies, but can vary widely within and between them, from gathering in natural resources by hand, to operating complex technologies that substitute for physical or even mental effort by many human beings. All but the simplest tasks also require specific skills, equipment or tools, and other resources (such as material for manufacturing goods). Cultures and individuals across history have expressed a wide range of attitudes towards work. Outside of any specific process or industry, humanity has developed a variety of institutions for situating work in society. Besides objective differences, one culture may or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accuracy and consistently high statistical quality, impartiality in both subject matter and presentation, and accessibility ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employment
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Layoff
A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, ''layoff'' referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful termination. ''Laid off workers'' or ''displaced workers'' are workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do, or their position or shift was abolished (Borbely, 2011). Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1980s an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turnover (employment)
In human resources, turnover is the act of replacing an employee with a new employee. Partings between organizations and employees may consist of termination, retirement, death, interagency transfers, and resignations.Trip, R. (n.d.). Turnover-State of Oklahoma Website. Retrieved from www.ok.gov: http://www.ok.gov/opm/documents/Employee%20Turnover%20Presentation.ppt An organization’s turnover is measured as a percentage rate, which is referred to as its turnover rate. Turnover rate is the percentage of employees in a workforce that leave during a certain period of time. Organizations and industries as a whole measure their turnover rate during a fiscal or calendar year. If an employer is said to have a high turnover rate relative to its competitors, it means that employees of that company have a shorter average tenure than those of other companies in the same industry. High turnover may be harmful to a company's productivity if skilled workers are often leaving and the worker ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The United States
The United States is a highly developed mixed-market economy and has the world's largest nominal GDP and net wealth. It has the second-largest by purchasing power parity (PPP) behind China. It has the world's seventh-highest List of countries by GDP (nominal) per capita, per capita GDP (nominal) and the eighth-highest List of countries by GDP (PPP) per capita, per capita GDP (PPP) as of 2022. US share of Global economy is 15.78% in PPP terms in 2022. The United States has the most technologically powerful and Science and technology in the United States, innovative economy in the world. Its firms are at or near the forefront in Science and technology in the United States, technological advances, especially in artificial intelligence, computers, pharmaceuticals, and medical, aerospace, and military equipment. The United States dollar, U.S. dollar is the currency of record most used in international trade, international transactions and is the world's foremost reserve currenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Resignation
The Great Resignation, also known as the Big Quit and the Great Reshuffle, is an ongoing economic trend in which employees have voluntarily resigned from their jobs ''en masse,'' beginning in early 2021 in the wake of the COVID-19 pandemic. Among the most cited reasons for resigning include wage stagnation amid rising cost of living, limited opportunities for career advancement, hostile work environments, lack of benefits, inflexible remote-work policies, and long-lasting job dissatisfaction. Most likely to quit have been workers in hospitality, healthcare, and education. Some economists have described the Great Resignation as akin to a general strike. However, workforce participation in some regions has recovered or even exceeded the pre-pandemic rate. This suggests that instead of remaining out of the workforce for extended periods (which can be financially difficult, especially at a time of high inflation), many workers have been simply swapping jobs. The term "Great Res ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupational Employment And Wage Statistics
The Occupational Employment and Wage Statistics) (OEWS) survey is a semi-annual survey of approximately 200,000 non-farm business establishments conducted by the Bureau of Labor Statistics (BLS), headquartered in Washington, DC with six regional offices and one office in each state. Until the spring of 2021 it was officially called the Occupational Employment Statistics (OES), and it is often cited or documented with that name or abbreviation. Purpose The OEWS survey is designed to produce estimates of employment and wages by occupation by four-digit North American Industry Classification System (NAICS) in each State-level Metropolitan Statistical Area (MSA-“urban”) or Balance-of-State (BOS-“rural”) geographic level, and their aggregates. Semi-annually, a "current" sample is combined with the immediate five prior samples to produce a “combined” sample of approximately 1.2 million establishments (6 x 200,000) to produce OES Estimates. Process During the sampling proc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Statistical System Of The United States
The Federal Statistical System of the United States is the decentralized network of federal agencies which produce data and official statistics about the people, economy, natural resources, and infrastructure of the United States. Background In contrast to many other countries, the United States does not have a primary statistical agency. Instead, the statistical system is decentralized, with 13 statistical agencies, two of which are independent agencies and the remaining 11 generally located in different government departments. This structure keeps statistical work in close proximity to the various cabinet-level departments that use the information. In addition, three other statistical units of government agencies are recognized by the OMB as having statistical work as part of their mission. As of fiscal year 2013 (FY13), the 13 principal statistical agencies have statistical activities as their core mission and conduct much of the government’s statistical work. A further 89 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
