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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
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
WASHINGTON (Reuters) -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 ... 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
US job openings drop to 10-month low, hiring remains tepid
WASHINGTON (Reuters) -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 ... Read More
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