The number of job openings in the US reached an all-time high of 7.335 million in December 2018 from an upwardly revised 7.166 million in the previous month and above market expectations of 6.9 million. The number of job openings rose for total private (+198,000) and was little changed for government. Across industries, the largest increases in the job openings level were recorded in construction (+88,000), accommodation & food services (+84,000), and health care & social assistance (+79,000). Meanwhile, job openings declined in non-durable goods manufacturing (-37,000), federal government (-32,000), and real estate & rental and leasing (-31,000). Job Offers in the United States averaged 4204.47 Thousand from 2000 until 2018, reaching an all time high of 7335 Thousand in December of 2018 and a record low of 2196 Thousand in July of 2009.
Job Offers in the United States is expected to be 6300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Offers in the United States to stand at 5818.00 in 12 months time. In the long-term, the United States Job Openings is projected to trend around 5600.00 Thousand in 2020, according to our econometric models.