U.S. job openings drop by the most in just over two years in June. Retail, wholesale trade account for decline in vacancies. Overall the labor market remains tight, allowing the Federal Reserve to...
Job openings in the U.S. fell to 10.7 million in June. That's down from 11.3 million in May. It's the lowest level since last fall, signaling that a red-hot labor market is cooling off a bit as...
The labor market posted 10.7 million new job openings in June. That is down from 11.3 million in May, but a more than 50% increase from before the pandemic. The number of job openings dropped in...
Much of this week has been spent talking about the "r" word. A more precise description of where things stand is the "s" word: stagflation.Why it matters: The latest data on wages and inflation,...
Health care and social assistance saw the biggest jump, followed by professional and business services. The leisure and hospitality sector saw another strong month, adding more than 60,000 jobs....
The Great Resignation is still in full swing, though there are some signs of a slight slowdown. Job openings and voluntary departures remain extremely high, while layoffs are near record lows....
Layoffs hit a record low in April as employers tried to keep their existing workforce. Job openings and voluntary departures were near all-time highs. Workers still have considerable leverage,...
Wages and salaries in the private sector grew by 5% in the first quarter of 2022 relative to a year earlier. That rate is high relative to pre-pandemic levels but is unchanged from the fourth...
The Labor Department on Tuesday reported 11.3 million job openings in February. That's a modest decrease from the previous month’s level and slightly below December’S 11.4 million record. The...
Nearly 4.3 million people quit their jobs in January, according to the U.S. Department of Labor's JOLTS report. That level is near a record set in November. There were also 11.3million job...
Non-farm payrolls surged by 467,000 for the month, an upside surprise from what experts expected. Economists surveyed by Bloomberg forecasted payroll growth of 125,000, and the highest prediction...
In December, 4.3 million workers quit, according to the latest Job Openings and Labor Turnover Survey. That's 2.9% of the workforce. In November, a record 4.5 million workers left — following 4.2...
The myth that young people don't want to work is wrong. Early retirement is having a huge impact on the labor market. retiring boomers, far more than "lazy" millennials, are the biggest force...
The US unemployment rate fell to 4.6% in October. It was the first time since July that the rate was below 5%. The unemployment rate has been below 5% for the last three months. The US economy is...
Nearly 32% of all jobless Americans are long-term unemployed. That's a big decline from the March 2021 peak, but still higher than most other points since World War II. Long-term joblessness is...
