Job openings drop to 3-year low of 8.5M as fewer workers quit
U.S. job openings fell to the lowest level in more than three years in March, but remained at historic highs, a sign that the job market remains resilient despite rising interest rates. The Labor Department reported Wednesday that employers posted 8.5 million job openings in March, down from 8.8 million in February and the lowest […]
Masters 2024: Weather, 45 mph winds lead to Augusta National gate openings delayed
On the eve of the 88th Masters Tournament, meteorologists predicted that this year’s weather would have a major impact on the event. A major storm has formed in Augusta, Georgia with very strong winds. At least an inch and a half of rain is expected to fall in Augusta National Park early Thursday morning. It […]
Job openings rise to 9M in December as layoffs increased
U.S. employers announced 9 million job openings in December, a slight increase from November, showing that the U.S. job market remains resilient despite the headwinds of rising interest rates. This is a new sign that there is. The number of job openings rose from 8.9 million in November, but the figure itself was revised upward […]
Job openings, number of workers quitting drop in November
U.S. employers announced 8.8 million job openings in November, down slightly from October and the lowest number since March 2021. But despite rising interest rates, demand for workers remains strong by historical standards. The number of job openings fell from 8.9 million in October, according to a Wednesday report from the Labor Department. It was […]
Job openings stay close to lowest level since 2021
Job openings in the business sector were essentially flat in November, close to the 2-1/2-year low reached in October and consistent with a broader downward trend in job openings. The number of job openings fell to 8.79 million from 8.85 million in October, and the number of new hires rose from 5.83 million to 5.47 […]
Job Openings Decline in Sign of Cooler Demand for Workers
The red-hot labor market that has warmed the economy in recent months showed signs of cooling in November, with employers hiring fewer positions, fewer workers retiring and fewer people hiring. According to the Bureau of Labor Statistics' monthly report on job openings and turnover survey (JOLTS), the number of job vacancies was 8.79 million as […]
Job openings fall in November to fresh 2-year low
Alicia Levine, head of equities at BNY Mellon Wealth Management, and Mike Green, chief strategist at Simplify Asset Management, discuss whether the Fed's inflation strategy is effective at “making money.” do. U.S. job openings fell to their lowest level in more than two years in November, the latest evidence that the Federal Reserve's interest rate […]