LinkUp Forecast: November JOLTS report by the BLS

LinkUp’s JOLTS forecast for November is 7.45 million open jobs. This is a 2.9% decrease in job openings from the recently restored job openings for October. 

As a note, we continued to forecast JOLTs datapoints during the BLS data release outage. We will not be reforecasting as they were released after our forecast was released. 

BLS releases all survey reports on monthly job openings and labor turnover a full month after-the-fact. The LinkUp job data consistently shows a strong correlation to the BLS numbers. We offer a significant advantage of being available a month before the official release.    

We’ll continue to monitor and report on the developing state of the U.S. labor economy.