¶ JOLTS Articles about the COVID-19 Recession

JOLTS: Job Openings and Labor Turnover Survey, from the BLS

Here’s a link to download dataseries from JOLTS.

Here’s the BLS Glossary.

Layoffs and discharge rates spike up in March and April but then quickly fell back down. Here’s the seasonally adjusted numbers:
2020 1.2 1.3 8.6 7.1 1.6 1.6 1.3 1.1 1.1 1.2 1.5 1.3

Hires rates actually seemed to go up a bit, oddly.
2020 4.0 3.9 3.4 3.1 6.1 5.4 4.5 4.2 4.2 4.3 4.1 3.9

But part of that is that the denominator is the number of employed. So fewer employed would make hires rate go up.

I guess I could get unemployment data to plot hires / unemployed. But hires level also spikes down then quickly up, then returns to pre-pandemic trend. So I think my decision to model it as a one period shock is fine. Whatever.

¶ Job openings and quits reach record highs in 2021, layoffs and discharges fall to record lows

article link

¶ BibTeX

@article{penn2022job,
  title={Job openings and quits reach record highs in 2021, layoffs and discharges fall to record lows},
  author={Penn, Rick and Nezamis, Eric},
  journal={Monthly Labor Review},
  year={2022},
  publisher={JSTOR}
}

¶ As the COVID-19 pandemic affects the nation, hires and turnover reach record highs in 2020

article link

¶ BibTeX

@article{akinyooye2021covid,
  title={As the COVID-19 pandemic affects the nation, hires and turnover reach record highs in 2020},
  author={Akinyooye, Larry and Nezamis, Eric},
  journal={Monthly Lab. Rev.},
  volume={144},
  pages={1},
  year={2021},
  publisher={HeinOnline}
}

¶ Job openings and labor turnover trends for states in 2020

article link

¶ BibTeX

@article{skopovi2021job,
  title={Job openings and labor turnover trends for states in 2020},
  author={Skopovi, Skyla and Calhoun, Paul and Akinyooye, Larry},
  journal={Beyond the Numbers: Employment and Unemployment},
  volume={10},
  pages={14},
  year={2021}
}