Linking labour demand and labour supply: Job vacancies and the unemployed - ARCHIVED

This study provides additional insight into labour demand and supply based on the joint availability of job vacancy and unemployment data over the past two years (2015 and 2016). Specifically, it uses data from the Job Vacancy and Wage Survey (JVWS) and Labour Force Survey (LFS) to answer the following questions: To what extent are job vacancies and unemployment related? What can the unemployment-to-job-vacancy ratio tell us? To what extent do occupations differ in their relative degree of being slack (more workers than jobs) or tight (more jobs than workers)? How does the unemployment-to-job-vacancy ratio differ by education level?