The number of job openings dropped by 284,000 to 7.009 million in September 2018 from August's all-time high of 7.293 million and slightly below market expectations of 7.1 million. The job opening level declined by 188,000 for total private and by 96,000 in government. By industry, the largest decreases in job opening were recorded in professional and business services (-118,000), finance and insurance (-82,000), and state and local government, excluding education (-67,000); while openings in health care and social assistance increased by 71,000. Job openings decreased in the South region. Job Offers in the United States averaged 4162.56 Thousand from 2000 until 2018, reaching an all time high of 7293 Thousand in August of 2018 and a record low of 2196 Thousand in July of 2009.
Job Offers in the United States is expected to be 5818.00 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 6600.00 in 12 months time. In the long-term, the United States Job Openings is projected to trend around 5800.00 Thousand in 2020, according to our econometric models.