As of June 6, 2018, updates of the DHI Hiring Indicators report have been discontinued. There may be future reports on an annual or less regular frequency, however the data, information and report in this monthly form will discontinue.
“Vacancy durations continue to lengthen as U.S. labor markets tighten further” said Dr. Steven Davis, Chicago Booth professor and Senior Fellow at the Hoover Institution. Davis is a co-developer of the DHI Database and co-creator of the DHI-DFH Mean Vacancy Duration Measure, the Recruiting Intensity Index and the DHI skill-level measures of labor market tightness.
The duration measure reflects the vacancy concept in the Job Openings and Labor Turnover Survey (JOLTS). Specifically, a job opening gets “filled” according to JOLTS when a job offer for the open position is accepted. So the DHI-DFH vacancy duration statistics refer to the average length of time required to fill open positions.Typically, there is also a lag between the fill date and the new hire's start date on the new job.