Job Openings and Labor Turnover Before and During the COVID-19 Pandemic [March 10, 2022] [open pdf - 4MB]
From the Summary: "The COVID-19 [coronavirus disease 2019] pandemic and recession in early 2020 resulted in the swift and marked deterioration of national labor market conditions, with some lasting effects. While public focus has largely been on headline labor market indicators, such as the unemployment rate and job numbers, pandemic impacts are also reflected in official job openings and labor turnover statistics. As the economy recovers, reports of labor shortages in some sectors have drawn greater interest in these indicators. This report analyzes both long-term and recent trends for U.S. job openings, hires, quits, and layoffs as measured by the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS) at the national and sector level."
CRS Report for Congress, R47047
Congressional Research Service: https://crsreports.congress.gov/