Charts showing the vacancies-to-unemployed ratio and the job vacancy ratio since 2001. Both ratios were near their historical averages during much of the 2000s, fell after the 2008 global financial crisis, climbed modestly through the late 2010s, sank during the initial months of the COVID-19 pandemic, and rose sharply postpandemic. They have fallen back steadily in 2023 but remain above their prepandemic levels.