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ECO 350K Macroeconomics of Labor Market


What is JOLTS?

Economic Indicators: JOLTS

The Job Openings and Labor Turnover Survey (JOLTS) tells us how many job openings there are each month, how many workers were hired, how many quit their job, how many were laid off, and how many experienced other separations (which includes worker deaths).

Source: U.S. Bureau of Labor and Statistics


Toivonen, T., Idoko, O., Jha, H. K., & Harvey, S. (2023). Creative Jolts: Exploring How Entrepreneurs Let Go of Ideas During Creative Revision. Academy of Management Journal66(3), 829–858.



Economic Policy Institute (EPI) is a nonprofit, nonpartisan think tank created in 1986 to include the needs of low- and middle-income workers in economic policy discussions. EPI believes every working person deserves a good job with fair pay, affordable health care, and retirement security. 

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