Overheard: The Jobs Market Picture

Overheard: The Jobs Market Picture

The sharp plunge in openings during the 2020 lockdown was quickly reversed, and so far there has been no falloff.

Data Did You Know: Want an illustration of what the “Great Resignation” looks like? The chart below shows the total nonfarm job openings (in thousands) for the 21st Century. Needless to say, we are at a high point. The sharp plunge in openings during the 2020 lockdown was quickly reversed, and so far there has been no falloff. The latest data in the chart is for January, 2022. The data is from the US Bureau of Labor Statistics via the St. Louis Fed.

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