The chart has two plotted lines. One line shows the JOLTS hires rate starting from March 2005. It begins the period at 4.0% and varies after that, with a notable dip during the global financial crisis and a spike following the COVID-19-induced recession. It decreases to finish at 2.9% in September 2024. The second plotted line shows the Vanguard hires rate starting from March 2005. It begins the period at 2.4% and varies after that, with a notable dip in 2008–2009 during the global financial crisis and another pronounced dip in 2020 due to the COVID-19-induced recession. It decreases to finish at 1.6% in October 2024.