The Labor Department reported Tuesday that the number of job openings dropped to 7.4 million in September from 7.9 million in August.
“Workers not as confident as they have been about being able to find a job if they quit without another to step into,″ Carl Weinberg and Rubeela Farooqi of High Frequency Economics wrote in a commentary.Did YouTube block Joe Rogan's interview with Trump from the results page?Still, they added, “there is no signal here of any sudden collapse of the labor market here or any imminent recession. The labor market is softer, sure, but it is not imploding.
The overheating economy caused an outburst of inflation, and the Federal Reserve responded by raising its benchmark interest rate 11 times in 2022 and 2023. Compared with a surge in hiring from 2021 through 2023, though, job creation has slowed this year — to an average of 200,000 new jobs a month from January through September this year.
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Will US JOLTS job openings confirm gradual cooling in labor market in August?The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS).
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US Labor Market Sees Positive Sign With New Job Openings ReportThe U.S. Department of Labor announced Tuesday that job openings rose to 8 million in August.
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US job openings rise to 8 million as labor market remains sturdyU.S. job openings rose unexpectedly in August as the American labor market continued to show resilience
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US job openings rise to 8 million as labor market remains sturdyU.S. job openings rose unexpectedly in August as the American labor market continued to show resilience. The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July. Economists had expected openings to be virtually unchanged. Layoffs fell in August.
مصدر: AP - 🏆 728. / 51 اقرأ أكثر »
A sign of strength in the labor market: Job openings increased in AugustThe number of available jobs in the US grew in August, signaling an undercurrent of strength in the labor market at a time when its vitals are being carefully monitored by the Federal Reserve.
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