Which U.S. States Have the Most Job Openings? (+Industry Stats)

Because the U.S. continues to navigate the lasting ripple results of the COVID-19 pandemic, key financial indicators are sending combined messages about the place the financial system stands at this time.

On the constructive facet, GDP increased by 6.9% within the final three months of 2021, and consumer spending began off robust in 2022. Concurrently, year-over-year inflation is at report ranges in accordance with the Client Worth Index, and the U.S. Federal Reserve is raising interest rates to gradual the financial system.

Many provide chain points from 2021 have prolonged into 2022, with new COVID outbreaks in China, the warfare in Ukraine, and excessive vitality costs creating further challenges.

The labor market gives one other set of unclear indicators.

The Bureau of Labor Statistics reported in April 2022 that the unemployment rate had fallen to three.6%, round the place it was in February 2020 earlier than the pandemic hit the U.S. The “Great Resignation” has report numbers of staff leaving jobs to hunt out positions that pay extra or present higher working situations.

However staff have extra energy within the financial system largely as a result of the labor force participation rate stays beneath pre-pandemic ranges, which implies fewer individuals are out there for all the roles which can be at present open.

Extra BLS knowledge confirms the hole between open positions and hires. After falling to three.5% amid COVID shutdowns in April 2020, the speed of job openings has doubled to 7% over the past two years. Whereas the speed of hiring has been above 4% — larger than typical ranges traditionally — each month since Might 2020, this determine has not been adequate to maintain up with the explosion of open positions.

And employers face much more challenges with the stop charge at round 3%, that means that they’re struggling to retain workers along with hiring new ones.

However as with many features of the present financial system, the general statistics don’t inform the complete story, and the hiring outlook relies upon closely on business. Most of the sectors with the best job openings charges have been probably the most difficult to work in through the pandemic. Leisure and hospitality companies, whose staff face low wages and better volatility of their working situations because of the results of COVID, have a job openings charge of 10.57%.

The well being care and social help business, whose staff have been on the entrance strains of the pandemic, has a job openings charge of 8.73%. Compared, the entire nonfarm charge is 6.97%, and in fields like development and actual property, the speed is beneath 5.00%.

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The speed of openings can be depending on geography. On the excessive finish, Alaska (9.00%) and Hawaii (8.60%) have the best job openings charges, which can partly be because of the problem of recruiting labor to their extra distant places. In distinction, states with fast financial development like Washington (6.13%) and Texas (6.47%) or with denser populations like New York (6.17%) and Connecticut (6.20%) have decrease charges of openings.

The info used on this evaluation is from the U.S. Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). To find out the states with probably the most job openings, researchers at Commodity.com calculated the typical job openings charge for the fourth quarter of 2021, the latest quarter out there. Within the occasion of a tie, the state with the better whole variety of job openings was ranked larger. Researchers additionally included statistics on hiring charges, whole hires, and whole employment.

Listed here are the states with probably the most job openings.

U.S. States With the Most Job Openings

15. West Virginia

• Common job openings charge: 7.47%
• Common rent charge: 5.13%
• Common month-to-month job openings: 56,000
• Common month-to-month hires: 35,667
• Common month-to-month employment: 694,805

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14. Indiana

• Common job openings charge: 7.47%
• Common rent charge: 4.77%
• Common month-to-month job openings: 251,333
• Common month-to-month hires: 148,000
• Common month-to-month employment: 3,104,895

13. Maryland

• Common job openings charge: 7.50%
• Common rent charge: 3.80%
• Common month-to-month job openings: 217,667
• Common month-to-month hires: 102,333
• Common month-to-month employment: 2,692,982

12. Massachusetts

• Common job openings charge: 7.50%
• Common rent charge: 3.70%
• Common month-to-month job openings: 288,667
• Common month-to-month hires: 132,333
• Common month-to-month employment: 3,576,577

11. North Carolina

• Common job openings charge: 7.57%
• Common rent charge: 5.07%
• Common month-to-month job openings: 375,667
• Common month-to-month hires: 232,333
• Common month-to-month employment: 4,585,526

10. Missouri

• Common job openings charge: 7.60%
• Common rent charge: 4.03%
• Common month-to-month job openings: 235,333
• Common month-to-month hires: 115,000
• Common month-to-month employment: 2,851,240

9. Vermont

• Common job openings charge: 7.77%
• Common rent charge: 4.70%
• Common month-to-month job openings: 25,000
• Common month-to-month hires: 14,000
• Common month-to-month employment: 297,872

8. South Carolina

• Common job openings charge: 7.87%
• Common rent charge: 5.57%
• Common month-to-month job openings: 184,667
• Common month-to-month hires: 120,333
• Common month-to-month employment: 2,161,677

7. Michigan

• Common job openings charge: 7.90%
• Common rent charge: 4.80%
• Common month-to-month job openings: 365,333
• Common month-to-month hires: 204,000
• Common month-to-month employment: 4,250,000

6. Wyoming

• Common job openings charge: 7.93%
• Common rent charge: 5.17%
• Common month-to-month job openings: 24,000
• Common month-to-month hires: 14,333
• Common month-to-month employment: 277,419

5. New Hampshire

• Common job openings charge: 7.93%
• Common rent charge: 4.80%
• Common month-to-month job openings: 57,667
• Common month-to-month hires: 32,000
• Common month-to-month employment: 666,667

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4. Georgia

• Common job openings charge: 8.23%
• Common rent charge: 5.30%
• Common month-to-month job openings: 416,667
• Common month-to-month hires: 245,333
• Common month-to-month employment: 4,628,931

3. Montana

• Common job openings charge: 8.37%
• Common rent charge: 5.40%
• Common month-to-month job openings: 44,667
• Common month-to-month hires: 26,333
• Common month-to-month employment: 487,654

2. Hawaii

• Common job openings charge: 8.60%
• Common rent charge: 5.73%
• Common month-to-month job openings: 55,000
• Common month-to-month hires: 33,333
• Common month-to-month employment: 581,395

1. Alaska

• Common job openings charge: 9.00%
• Common rent charge: 6.17%
• Common month-to-month job openings: 31,000
• Common month-to-month hires: 19,333
• Common month-to-month employment: 313,514

Methodology & Detailed Findings

The info used on this evaluation is from the U.S. Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS).

To find out the states with probably the most job openings, researchers calculated the typical job openings charge for the fourth quarter of 2021, the latest quarter out there.

Within the occasion of a tie, the state with the better whole variety of job openings was ranked larger. Researchers additionally included statistics on hiring charges, whole hires, and whole employment.

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