Long-Robust U.S. Labor Market Shows Signs of Cooling

Demand for U.S. workers shows signs of slowing, a long-anticipated development that is showing up in private-sector job postings even while official government reports indicate the labor market keeps running hot.

ZipRecruiter Inc. and Recruit Holdings Co. , two large online recruiting companies, say their data show the number of job postings is declining more than Labor Department reports of job openings. Investors recently hammered shares of those companies after disappointing earnings reports.

Softer hiring environment for the remainder 2023 as sponsored jobs in portals see a decreasing trend. Employers not spending to hire compared to past period.

Great, an overzealous Fed trying to overcompensate for past mistakes, utilizing inaccurate government data. Give it a minute. Hundreds of thousands of tech, banking, etc, layoffs. But hey, Taco Bell is hiring and min wage it up a couple bucks, so keep hawking. federalreserve

Government data off base. Shocking.

First the jobs WITHOUT worker/incumbents go away. Next will the jobs WITH worker/incumbents. I t looks like the Fed is finally affecting the employment environment. Winter is coming — maybe by mid-Summer.

Well, duh. Biden’s America!

Wonder if it has anything to do with all the multinational laying off everyone

Singapore Singapore Latest News, Singapore Singapore Headlines

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

The labor market is booming and these jobs are growing the mostThe job market is booming, despite headline-grabbing layoffs at tech behemoths. However, the hiring surge hasn't been distributed equally. For waiters and bartenders, job boards are lighting up; for computer programmers, they're relatively dim. As a real person who is seeing and experiencing the job market firsthand, it's really difficult to believe stories like this. And they are stories. But I thought everyone was supposed to 'learn to code' Where are y’all getting this from? It’s far from reality. The healthcare industry is collapsing, the hospitality industry is intentionally staffing w/ skeleton crews to save a buck & paying paltry wages, job boards might be “lit up” but it’s not translating to actual employment.
Source: ABC - 🏆 471. / 51 Read more »

The stock market is about to signal that the bear market is finally overThe stock market is on the verge of signaling that the bear market is finally over It feels like this is clutching at straws after watching price movement at open today 😭
Source: BusinessInsider - 🏆 729. / 51 Read more »

Market Veteran Jim Cramer's Latest Update May Be Key to Trading Safe, Here's How.jimcramer said the market may not see any real rally until rates stabilize
Source: Utoday_en - 🏆 295. / 63 Read more »