There were nearly 5 unemployed people for every job opening in April 2020, when most of the country was locked down due to the pandemic. That figure, as of May 2023, is 0.6.
A line chart illustrating the trend in unemployed people per job opening over time. The time series begins in May 2008 and ends in May 2023. It has two peaks - one in July 2009, where there were 5.9 unemployed people per open job and another during COVID in April 2020 when the number was 4.9 people per open job. Since the peak of the pandemic, the value declined sharply until it stabilized at around 0.5 unemployed people per job opening. It sits at 0.6 as of May 2023.