UBS asks:
How many nonfarm job openings in the US will the Bureau of Labor Statistics (BLS) report for March 2023?
Closed Apr 01, 2023 07:01AM UTC
Despite rising interest rates and recession fears, US job openings in December 2022 rose to over 11 million (US News & World Report). The question will be suspended on 31 March 2023 and the outcome determined using March 2023 BLS data as reported by the Federal Reserve Economic Database (FRED), expected in May 2023 (FRED). As of 1 February 2023, the number of nonfarm job openings reported for March 2022 was 11,855 thousand, or 11.855 million.
This question is part of the UBS Asset Management Investments Recruitment Challenge. Click here for more details.
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.
| Possible Answer | Final Crowd Forecast |
|---|---|
| Fewer than 9.0 million | 1% |
| Between 9.0 million and 9.6 million, inclusive | 2% |
| More than 9.6 million but fewer than 10.2 million | 8% |
| Between 10.2 million and 10.8 million, inclusive | 37% |
| More than 10.8 million but fewer than 11.4 million | 38% |
| Between 11.4 million and 12.0 million, inclusive | 11% |
| More than 12.0 million | 3% |