Manufacturing activity and sentiment contracted again after two months of modest expansion mostly because of the impact of anticipated tariffs on orders and prices. … READ MORE >
JOLTS
Job openings rise above expectations in January
The quit rate, a proxy for labor demand, rose in January, indicating that workers were in a stronger bargaining position as demand increased. … READ MORE >
Labor demand cools in December
Job openings fell to 7.6 million from 8.2 million in November, near the pre-pandemic level and providing the Fed with more relief regarding wage pressure on inflation. … READ MORE >
October job openings surge as labor market shows resilience
Total job openings in October rose to 7.74 million from 7.37 million, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
Consumer confidence strengthens despite cooling labor demand
Job openings fell to 7.4 million, the fewest since 2021, from 7.86 million, while hirings rose to 5.56 million from 5.4 million according to the Bureau of Labor Statistics. … READ MORE >
Manufacturing and labor markets give mixed signals amid Fed’s pivot
The ISM manufacturing index for September stayed unchanged at 47.2, indicating a contraction of overall activity for the sixth consecutive month. … READ MORE >
Job openings fall amid imminent rate cuts
With job openings falling back to normal and the labor supply increasing, the labor market was in balance in July. … READ MORE >
Job openings rise as the labor market marches toward normalization
Labor demand remained strong in May, bolstering hirings during the month, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
June jobs report preview: Beveridge curve implies a balanced labor market as hiring cools
We think it will soon be time for the Fed to cut rates to avoid unnecessary damage to jobs and economic growth. … READ MORE >
Job openings fall to a three-year low as manufacturing softens
Job openings in March plunged to 8.49 million, the lowest level in three years, according to the Bureau of Labor Statistics on Wednesday. … READ MORE >