The US now has more unemployed workers than job openings for the 1st time since April 2021 — why this single ‘turning point’ signals trouble ahead

The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just days after Labor Day. For the first time since the pandemic era, the monthly Job ... Read More

The US hits a ‘turning point’ with more unemployed workers than job openings for the 1st time since April 2021

The U.S. economy, already plagued by tariff uncertainty and inflation concerns, received a “jolt” of bad news just days after Labor Day. For the first time since the pandemic era, the monthly Job ... Read More

US labor market softening as job openings hit 10-month low, hiring remains tepid

U.S. job openings fell to a 10-month low in July and there were more unemployed people than positions available for the first time since the COVID-19 pandemic, data consistent with easing labor market ... Read More

US job openings slip in July, adding to evidence that the American labor market is cooling

U.S. employers posted 7.2 million job vacancies in July as the American labor market continues to cool. The Labor Department reported Wednesday that job openin ... Read More

US labor market cracks widen as job growth nearly stalls in August

U.S. job growth weakened sharply in August while the unemployment rate increased to nearly a four-year high of 4.3%, confirming that labor market conditions were softening and sealing the case for an ... Read More

US economy adds 22,000 jobs, unemployment rate hits 4.3% in August as labor market continues dramatic slowdown

Employment data out this week has pointed to a softening labor market and focused attention on Friday's jobs report from the BLS. Read More

Rise in US jobless claims adds to signs of labor market softness

Combination of strong PMI data, rising jobless claims sends mixed signals Home sales rebounded slightly in July Fed expected to lower interest rates next month Aug 21 (Reuters) - The number of ... Read More

Job hoppers are pumping the brakes as the U.S. labor market downshifts

More Americans are staying put in their jobs rather than jumping ship as the labor market cools. So concludes a new analysis from the Bank of America Institute, which drew on the deposit data from ... Read More