Job openings edged higher in February, suggesting that the jobs report for March will show continued strong gains when it is released on Friday. Openings rose by 8,000 to 8.756 million in September, slightly higher than forecasted, according to data from the Bureau of Labor Statistics released on ... READ MORE >
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Job openings inch down as economy stays on track for a soft landing
While the job openings data released on Wednesday continued to show a tight labor market in January, it remained on a downward trend toward normalization. Job openings cooled in back-to-back months to 8.86 million in January with December's figure revised down to 8.89 million from 9.03 million ... READ MORE >
Job openings fall to lowest level since 2021, signaling Fed pivot
Job openings came in much lower than expected in October, continuing the declining trend that began early last year. Along with a downward revision to September's data, the labor market is now the most balanced it has been since 2021. With 8.7 million job openings in October, the ... READ MORE >
Job openings surge unexpectedly in August
Job openings defied expectations in August, rising to 9.6 million, mostly from a sharp increase of 409,000 in professional and business services, according to data released Tuesday by the Bureau of Labor Statistics. While the increase in labor demand was an encouraging sign for the labor market, we ... READ MORE >
Job openings drop to lowest in more than two years
Job openings fell to 8.8 million in July, staying under 9 million for the first time since March 2021, according to the Bureau of Labor Statistics on Tuesday. The sharp drop was a surprise as the consensus forecast had pointed to only a slight decline to 9.5 million. June's number was also revised ... READ MORE >
Job openings exceed 10 million as labor market imbalance widens
Job openings came in stronger than expected for April as the imbalance in the labor market widened, according to data released by the Bureau of Labor Statistics on Wednesday The latest data comes at an important juncture, two weeks ahead of the Federal Reserve’s highly anticipated June ... READ MORE >
Job openings fell in March as the labor market softened
Job openings fell to 9.6 million in March from almost 10 million in February, a clear sign that the labor market is softening as the economy slows down. Still, there were 1.6 openings available for each unemployed worker on the month, down only slightly from 1.7 in February, according to data ... READ MORE >
Job openings rise again in December, adding to pressure on the Fed
Labor demand surged again in December after two consecutive drops, according to government data released on Wednesday hours ahead of the Federal Reserve's rate decision. The number of job vacancies jumped to 11 million in December from 10.4 million, mostly driven by seasonal-related categories like ... READ MORE >
Job openings and quits continue to moderate
Job openings fell in October to 10.3 million, continuing to signal moderation in labor demand amid the Federal Reserve's aggressive rate hike campaign. Since its peak in March, when the Fed began increasing rates, the number of job vacancies has dropped by almost 13% as the impact of the tightening has ... READ MORE >
Job openings fall as rate hikes take effect
In a sign that the chronically tight labor market may be easing, job openings plunged in August amid a slowdown in overall demand. That decline should come as an encouraging sign for the Federal Reserve, which has been targeting excess labor demand with aggressive interest rate hikes as it tries to ... READ MORE >