Job openings dip slightly in June amid signs of 'turbulence' in labor market

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 63%

Labor Market Nieuws

Bureau Of Labor Statistics,Seth Harris,Unemployment Rate

The June JOLTS report is the latest data displaying a labor market that has begun to show some signs of cooling.

released Tuesday showed that 8.18 million jobs were open at the end of June, a decrease from the 8.23 million job openings in May. May's figure was revised higher from the 8.14 million open jobs initially reported. Economists surveyed by Bloomberg had expected the report to show 8 million openings in June.

This is one of the early signs of "turbulence" in the labor market data, per Harris, and one of the reasons he believes the Federal Reserve should be cutting interest rates when it announces its next policy decision on Wednesday.as several economists have noted in recent months the central bank should begin cutting interest rates before signs of cooling in the labor market intensify.

A “side hustle” can be one way to try out a new business idea before taking a full-fledged jump. Nearly 1 in 3 Americans earn money on the side in addition to working full time, a Bankrate survey found.Tesla Recalls 1.8 Million Cars After Owners Report Hoods Flying Open In the latest episode of UNSCRIPTED, Dino Rizzo, President of the ARC, chats with Brett Jones in a compelling discussion on servant leadership, mentoring, and the dynamics of co-pastoring. BIRMINGHAM, Ala., July 30, 2024 -- Dino Rizzo, President of the Association of Related Churches , recently sat down with Brett Jones for an insightful episode of the UNSCRIPTED podcast.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 47. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Canada’s job market stalls in June, unemployment rises to 6.4%Unemployment rate at its highest point since January 2022
Bron: TerraceStandard - 🏆 24. / 68 Lees verder »

B.C.'s job market slumps with 10K positions lost in JuneUnemployment rate ticks downward as more British Columbians leave workforce.
Bron: BurnabyNOW_News - 🏆 14. / 77 Lees verder »