The demand for labor stayed strong in October as concerns over the delta variant faded and the economy continued to bounce back from the pandemic. Job openings, a proxy for labor demand, reached 11.03 million, exceeding 11 million for the second time on record, slightly lower than the all-time high set ... READ MORE >
job openings
Job openings eased as quits hit a record
Demand for labor remained strong as job openings ebbed to 10.4 million in August following a record in July, which was revised upwardly to 11.1 million, according to Labor Department data released on Tuesday. Job hires declined in back-to-back months, to 6.3 million from the recent high of 6.8 million ... READ MORE >
CHART OF THE DAY: Job openings set another record at 10.9 million in July
Job openings in the United States reached a record 10.9 million in July, continuing to show that the demand for workers remains strong while employers struggle to fill job vacancies. New hires inched down to 6.7 million and job separations were little changed, at 5.8 million, according to Labor ... READ MORE >
CHART OF THE DAY: May was another good month for the labor market
The Job Openings and Labor Turnover Survey released by the Labor Department on Wednesday strongly suggests that American workers are enjoying a moment when work is plentiful and firms appear willing to meet demand for higher wages. Through May, there is roughly one unemployed person per job opening as ... 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 >