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. … READ MORE >
quit rate
Job openings rise again in December, adding to pressure on the Fed
The number of job vacancies jumped to 11 million in December from 10.4 million. … READ MORE >
Job openings and quits continue to moderate
There remained 1.7 job vacancies per unemployed worker, significantly higher than 2019’s average of 1.2. … 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. … READ MORE >
Robust job openings data might accelerate Fed’s rate hikes
Job openings in February came in blazing hot again at 11.3 million, which translated into 1.8 jobs available per unemployed worker, the Bureau of Labor Statistics reported on Tuesday. … READ MORE >
Manufacturing slowed in January as labor market remained tight
Manufacturing slowed in January as demand moderated from a recent high in November amid a tight labor market. … READ MORE >
Labor market tightened in November despite decline in job openings
Demand for labor declined slightly in November while the rate of people quitting their jobs returned to an all-time high, according to new data from the Bureau of Labor Statistics. … READ MORE >
Chart of the day: Job openings rise to second highest on record as quit rate slowed
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 in July. … READ MORE >
Strong labor demand pushed quit rate to a record
Demand for labor showed little change in September as job openings stayed at 10.4 million and the rate of people quitting their jobs reached an all-time high at 3.0%, according to new data on Friday from the Bureau of Labor Statistics. … READ MORE >
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. … READ MORE >