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JOLTS Update

By Oriane Casale
January 2024

The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that the number of job openings increased by 22,000 or 11.8% in Minnesota to 209,000 in November on a seasonally adjusted basis. Compared to one year ago, job openings were up by 24,000 or 13%. This compares to an over-the-year decline of 16.9% at the national level.

In Minnesota there were 0.5 unemployed workers for each job vacancy in November. This ratio has been level for the six months, indicating a very tight labor market in Minnesota where there are only five unemployed workers for every 10 job openings. Nationwide there were 0.7 unemployed workers for each job opening in November.

Number of Job Openings

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