Decreasing U.S. job openings point to cooling labor market

WASHINGTON - U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum.

A 15-month trade war between the United States and China has hurt business confidence, leading to a retrenchment in business spending and a downturn in manufacturing. The trade war has stoked financial market fears of a recession. Job openings have been trending lower this year since scaling an all-time high of 7.63 million in late 2018. The job openings rate fell to 4.4% in August from 4.5% in July.

And or full employment. Not going to put out a hiring ad if I think everyone is taken

I know the biased MSM would LIKE our economy to slowdown so they can blame realDonaldTrump, but stop trying to make it happen. Choose country over politics. TDS

I’m confused. The argument forever was we NEEDED the illegal immigrants or we would have multiple unfilled positions. Now that the border isn’t being barraged it is now the opposite? Whatever reports hurt Trump the most. We get it. ;)

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.

European stocks seen slightly higher as traders await US-China talksEuropean markets were seen opening slightly higher Tuesday morning as investors await news out of high-level trade talks between the U.S. and China, set to commence on Thursday. Pay no attention to the man behind the curtain !!
Source: CNBC - 🏆 12. / 72 Read more »

Halliburton cutting 650 jobs in U.S. as oilfield business slowsU.S. oilfield services firm Halliburton on Wednesday said it was cutting 650 job... Thanks, Trump! They are shifting back towards selling the US government $1000 cans of coke in whatever the next military boondoggle Trump is going to land us in Time for another war.
Source: Reuters - 🏆 2. / 97 Read more »