Employer demand for workers fell in July as Federal Reserve seeks signs inflation is easing sustainablyWages are outpacing inflation, driven largely by pay gains for low-income workers. Those gains have helped close the gap between blue- and white-collar workers. WSJ explains what’s driving the higher wages, and whether they will stick around. Illustration: Paige Money
U.S. job openings are continuing a downward trend in 2023, adding to signs a solid labor market is gradually cooling.Continue reading your article with
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This Week in Business: Job openings, Chewy earnings, August jobs reportOn Tuesday, the government reports on job openings for July; Pet food and supplies company Chewy reports financial results on Wednesday; On Friday, the Labor Department releases its August jobs report.
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U.S. stocks struggle for direction ahead of job openings dataU.S. stocks opened mixed Tuesday, appearing to take a pause after back-to-back gains, as investors await economic data on job openings and consumer...
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Job openings fall to 28-low and fewer workers quit as labor market cools offJob openings in the U.S. fell to a 28-month low of 8.8 million in July, a sign that companies have scaled back hiring in response worries about an economic...
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