JOLTS Update March 2025 Data

by Oriane Casale
May 2025

The Job Openings and Labor Turnover (JOLTS) Survey conducted by the BLS shows that in March the number of job openings rose to 183,000 over the month in Minnesota on a seasonally adjusted basis. Compared to one year ago, job openings were up 13.7%. This compares to a decline nationally of 11% over the year.

The number of hires rose 6.5% over the year in March in Minnesota and fell 1.2% nationally. Total separations decreased by 10.8% over the year in Minnesota and decreased by 1.6% nationally.

Minnesota's job openings rate bumped up over the month to 5.7%. Nationally the rate dropped to 4.3% (see figure below). The job openings rate is the number of job openings as a percent of total employment plus job openings.

In Minnesota there were 0.5 unemployed workers for each job vacancy in March – or five unemployed works for every 10 job openings – level with the previous month. This indicates that Minnesota continues to have a tight labor market where there are fewer than one unemployed worker for every job opening. Nationwide the ratio bumped up to 1 to 1.