Job market gains momentum in July despite recession signals elsewhere

The U.S. economy had about 11.2 million open jobs in July, a slight increase from June. It is the latest sign of strength in a historically strong labor market."It's still one of the best job markets that I've ever seen, and I've been doing this for 16 years," said Jason Wachtel, the co-founder of job placement firm JW Michaels & Co.But July's data reflected a cool down in other areas.

Blumsack said the current conditions give employers an extra reason to try to hang on to employees. That could make it the right time to negotiate. Many analysts wonder how long the job market can remain strong. The Federal Reserve has said it will continue to raise interest rates in an effort to lower inflation.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. job openings unexpectedly jump in July, defying labor market slowdown fearsEmployers had a historically high number of job openings in July, according to new government data — the latest sign of the ongoing voracious demand for workers. Go deeper: Weird recession Kill two birds with one stone - fill vacant jobs with imigrants and reduce inflation with their lower wages.
Source: axios - 🏆 302. / 63 Read more »

Cold Summer For Italy’s EV Market — Plugin Vehicles Below 8% In JulyElectric vehicle sales in Italy are going through a time of turbulence. We walk you through the headwinds, tailwinds, and sidewinds in the monthly sales report below. Originally published on opportunity:energy. All is not well what's happening fiat
Source: cleantechnica - 🏆 565. / 51 Read more »