Studying the Labor Market with the Job Openings and Labor Turnover Survey
The Job Openings and Labor Turnover Survey is a new data source of the Bureau of Labor Statistics that estimates monthly vacancies, hires, and separations. It has quickly become a useful tool for studying the labor market. This chapter summarizes its aggregate and micro-level evidence, including the relations of vacancies and worker flows to unemployment and other measures of labor market conditions.
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