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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
US weekly jobless claims reverse prior surge, labor market still softening
The number of Americans filing new applications for unemployment benefits fell last week, reversing the prior week's jump, but the labor market has softened as both the demand for and supply of ... Read More
US job openings slip in July, adding to evidence that the American labor market is cooling
The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs rose slightly. The number of Americans quitting their jobs — a sign of confidence in their ability to find better pay, ... Read More
Job openings fall again and hiring has stalled. More evidence of weakening U.S. labor market.
The number of job openings in the U.S. fell in July to the second lowest level since the pandemic and hiring patterns signal labor market is even weaker than it seems. 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
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
US Job Openings Fell in July to Lowest Level in Nearly a Year
US job openings fell in July to the lowest in 10 months, adding to other data that show a gradually diminishing appetite for workers amid heightened policy uncertainty. Read More
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