After another month marked by thousands of layoffs, continued recession fears and companies tightening their belts, job openings remained resilient.job openings actually increased from 10.44 million at the end of November to about 11 million
"The labor market is continuing to show its historic resiliency in the face of all the conjecture about a possible recession. 10 to 11 million job openings in the U.S. [have] become the new normal,” said Richard Wahlquist, president of the American Staffing Association. "Once again, there are nearly two job openings for every unemployed person."
The quit rate once again held steady at 2.7%, while layoff rates inched up to 1% from 0.9%, even after of thousands of layoffs in the technology and financial sectors. While there have been high-profile tech layoffs, other industries saw a huge surge in demand, including an increase of 409,000 job openings in food services and accommodations. The information sector did show a decline of 107,000 job openings, reflecting upheaval in the tech sector.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fig & Favor to open in Dallas' Harwood District this spring - Dallas Business JournalThe 1,000-square-foot Fig & Favor space in Dallas' Harwood District will feature fresh packaged goods including sandwiches, salads and meal kits, a wine selection, coffee and espresso bar, gelato and gifts.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Here's how Fort Worth's Panther Island project got to this point - Dallas Business JournalOnce finished, the project will open the development of over 800 acres connecting downtown, the Cultural District and the Fort Worth Stockyards. The area around Coyote Drive In, Panther Island Brewery, Paddock Viaduct Bridge, and the old La Grave Field is already one of my favorites. I hope they do justice to its weird decayed glory.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Invitation Homes appoints Jonathan Olsen as CFO - Dallas Business JournalOlsen will replace Ernie Freedman as Invitation Homes' CFO. Freedman will provide advisory services through Mar. 31, 2024 as part of a consulting agreement with the company.
Source: DallasBizNews - 🏆 525. / 51 Read more »
New projects in North Texas for January 31, 2023 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Source: DallasBizNews - 🏆 525. / 51 Read more »
EatZi's Market and Bakery heads to DFW Airport - Dallas Business JournalThe European market-style eatery will occupy 2,080 square feet of space in the Terminal D South sector of the airport. The filing details a $900,000 renovation and alteration that will begin in March and end in July.
Source: DallasBizNews - 🏆 525. / 51 Read more »
Here’s why DFW is leading the nation in hotel construction - Dallas Business JournalDallas-Fort Worth leads the nation in hotel construction, with more than 170 projects totaling 20,000-plus rooms in the pipeline. Here's what's behind the hotel development boom.
Source: DallasBizNews - 🏆 525. / 51 Read more »