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US labor market
Trends
- 1US job openings fall to 7.08 million in August●📉 Las vacantes de empleo en EE.UU. cayeron a 7.079 millones en agosto, por debajo de lo esperado. Contrataciones (5.2M)
US job openings dropped to 7.079 million in August, below what economists had expected. Hiring held at 5.2 million and layoffs at 1.6 million, showing little movement. The dollar rose to multi-week highs as markets watch how the Federal Reserve weighs the cooling labor market in its next rate decisions.
- 2Job openings slip to 7.1M in August as Congress moves to kill the penny▼Ticker: Job openings slip to 7.1M in August; Congress seals the penny’s fate
US job openings fell to 7.1 million in August, a fresh sign of cooling demand for workers, while Congress moved to retire the penny, ending more than a century of one-cent coin production. Together the two items capture a US economy wobbling on the jobs front even as Washington reshapes everyday currency. The jobless-side numbers are being read as further evidence the labor market is losing steam.
- 3Latest JOLTS survey shows low-hire, low-fire economy persists●The latest JOLTS survey shows more of the same low-hire, low-fire economy
The newest Job Openings and Labor Turnover Survey indicates the US labor market remains stuck in a low-hire, low-fire pattern, with employers keeping headcount steady rather than expanding or cutting. Commentators say the data confirms a sluggish hiring environment that persists despite broader economic uncertainty, leaving workers with fewer new opportunities but relative job stability.