The federal government's job openings and labor turnover survey data for April, also known as JOLTS, implies that while the labor market has tightened—mostly because of people dropping out of the workforce amid broad demographic and structural economic changes—this is nothing new. If anything, there is ... READ MORE >
Bureau of Labor Statistics
CHART OF THE DAY: Job openings rose in the first quarter
The number of job openings and those who quit increased in the first three months of the year, pointing to a healthy demand for labor despite the subsequent disappointing employment report for April, according to government data released on Tuesday. There were more than 8.1 million U.S. job openings in ... READ MORE >
Labor market update: Signs of normalization as long-term challenges persist
The U.S. labor market is showing signs of optimism that might best be described as hedging its bets—confident that the vaccination program will eventually allow for the reemergence of the normal workplace, but recognizing that it may not take just a snap of the fingers to get there. The surge in job ... READ MORE >
CHART OF THE DAY: U.S. job openings improve
Workers are growing more confident in their ability to find a job, according to the most recent Job Openings and Labor Turnover Survey, or JOLTS, from the Bureau of Labor Statistics. There were 5.1 million separations from employment on the back of 6.65 million job openings during October, according to ... READ MORE >
Tech jobs have not been spared in the pandemic, but growth of remote work helps some
Before COVID-19, unemployment in the technology sector was at a five-decade low and was far lower than the overall U.S. unemployment rate. Though unemployment has risen for some parts of the technology sector as the pandemic has gripped the country, companies are still hiring for other roles. Job postings ... READ MORE >
Demand for manufacturing workers remains robust, despite May’s decline in U.S. job openings
Manufacturing positions in the United States are among the hardest to fill as the labor market remains tight, a key government report released on Tuesday shows. The Job Openings and Labor Turnover Survey from the Department of Labor shows that manufacturing sector vacancies rose to a record 509,000 in ... READ MORE >