Journal Article
A State-Level Look at U.S. Labor Market Supply and Demand
Jefferson, Nathan; Fuller, Jack (2023-04-17)
Variations in labor market tightness across the U.S. at the end of 2022 appear to have been caused primarily by whether job openings were rising or falling.
The Regional Economist

Journal Article
Finding a Soft Landing along the Beveridge Curve
Bok, Brandyn; Petrosky-Nadeau, Nicolas; Valletta, Robert G.; Yilma, Mary (2022-08-29)
As U.S. economic growth slows this year, a key question is whether job openings can fall from historical highs without a substantial rise in unemployment. Analyzing the current Beveridge curve relationship between unemployment and job openings presents a meaningful possibility that labor market pressures can ease and achieve a “soft landing” with only a limited increase in unemployment. This view is supported by high rates of job matching in the U.S. labor market in 2022, despite ongoing employment reallocation across industries.
FRBSF Economic Letter , Volume 2022 , Issue 24 , Pages 6

Young Adults and the Softening U.S. Labor Market: A Warning Sign?
Rodgers, William M.; Kassens, Alice (2025-12-15)
Fewer job openings in a softening U.S. labor market have disproportionately increased unemployment among young adults—with or without college degrees.
On the Economy

Beyond Young Adults: How Are Other Groups of U.S. Workers Faring?
Rodgers, William M.; Kassens, Alice (2026-02-02)
An analysis looks at which factors—for example, job openings—might explain recent increases in unemployment for different groups of workers.
On the Economy