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Job openings and hires decline in 2023 as the labor market cools

Victor Zengyu Huang & En Ping Cheng

US Bureau of Labor Statistics: Monthly Labor Review2024https://doi.org/10.21916/mlr.2024.18article
ABDC B
Weight
0.43

What the paper says

This article discusses national trends for job openings, hires, and separations throughout 2023. Separations are broken down further into quits, layoffs and discharges, and other separations. Among industries, churn rates (hires rates plus separations rates) and job openings rates are examined and analyzed. Next, establishment size class data are presented at the total private level, and the article concludes with a brief look at state data, specifically state job openings compared with unemployment.

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https://doi.org/https://doi.org/10.21916/mlr.2024.18

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@article{victor2024,
  title        = {{Job openings and hires decline in 2023 as the labor market cools}},
  author       = {Victor Zengyu Huang & En Ping Cheng},
  journal      = {US Bureau of Labor Statistics: Monthly Labor Review},
  year         = {2024},
  doi          = {https://doi.org/https://doi.org/10.21916/mlr.2024.18},
}

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Job openings and hires decline in 2023 as the labor market cools

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Evidence weight

0.43

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.31 × 0.4 = 0.13
M · momentum0.55 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.