The Job Openings and Labor Turnover Survey (JOLTS) collects data on job vacancies, labor hires, and labor separations. The data can be used as demand-side indicators of labor shortages. These indicators of labor shortages at the national level greatly enhance policy makers' understanding of imbalances between the demand and supply of labor. Presently there is no other economic indicator of labor demand with which to assess the presence of labor shortages in the U.S. labor market. The availability of unfilled jobs is an important measure of tight-ness of job markets, symmetrical to unemployment measures.
US Code:
29 USC 1 & 2
Name of Law: BLS Authorizing Statue
This information request shows an overall decrease in respondents, annual responses, and burden hours. Previous approvals have included elevated levels of respondents and burden hours in order to perform response analysis for two industries. This research has been completed and the elevated number of respondents and burden hours is not required at this time. The JOLTS program plans to perform response analysis again sometime before this approval expires and will seek an appropriate increase in respondents and burden hours at that time.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.