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C19 · THE LOW-HIRE HALF OF THE FREEZE

Hires rate (JOLTS)

3.20
STALE ROBUST DRS 95 monthly as of 2026-04-01

This tile is stale: the value shown is the last one the source published, never a fabricated current number.

The full history

2000 high 6.10 · low 2.80 · now 3.20 · 3 recessions shaded 2026

How it is read

What it measures
the low-hire half of the freeze
Confidence
ROBUST : a primary official series, mechanically reported.
Reliability (DRS)
DRS 95: Completes the JOLTS churn triplet with quits (C10) and layoffs (C20). Low hires beside low layoffs is a frozen market. BLS-produced; integrity-events factor applies.

Where it comes from

FRED ↗ Every number on this site is reproducible from this primary source.

What it read at past stress points

Lehman, Sep 2008 3.30 ▲ EXTREME
Q4-2018 selloff 3.90 · CALM
Curve inversion, Aug 2019 3.90 · CALM
COVID crash, Mar 2020 3.40 · CALM

Questions it helps answer

  • The Freeze : What is the labor market’s COMPOSITION saying?