Private Client Specific Docs

Monthly US Hiring Update_August Edition

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12 0 1 2 3 4 5 6 0 5 000 000 10 000 000 15 000 000 20 000 000 25 000 000 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Number of unemployed people per job opening Civilian unemployment Nonfarm job openings Job Openings Continues to Outpace Unemployed People 9.6 million job openings on the last business day of June 2023, while the number of unemployed was 6.0 million in that same month. This yielded a ratio of unemployed people to job openings of 0.6 for June. The number of unemployed people per job opening has been 0.9 or lower since May 2021. Source: Bureau of Labor Statistics

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