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The unemployment rate is hovering near three-year highs, and employers are cutting back on hiring, with the number of job openings across the economy recently falling to the lowest level since ...
Stephen Stanley, an economist at Santander, noted that July's job openings are still about 7% above 2019 levels, when hiring was healthy. “Labor demand is still solid, albeit moderating,” he said. Wednesday's figures indicate that fewer companies are seeking to add workers despite recent data showing that consumer spending is still growing.
The labor market has cooled considerably, with a big step-down in hiring and a decrease in job openings, which has raised concerns of a deterioration in conditions that could undermine the ...
The job-openings-to-unemployed metric became important in recent U.S. central bank discussions, a focus of policymakers and Fed Chair Jerome Powell in particular when it spiked above the 2-to-1 ...
"With inflation and employment near our longer-run goals and the labor market moderating, it is likely that a series of reductions will be appropriate.” “I am open-minded," he added, “about the size and pace of cuts, which will be based on what the data tell us about the evolution of the economy.”
CareerBuilder. CareerBuilder is an American employment website founded in 1995 that operates in the United States, Canada, Europe, and Asia. In 2008, it had the largest market share among online employment websites in the United States. [2] CareerBuilder provides talent management software and other recruitment related services.
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