Daily Brief: Job Openings Hold at 7.1 Million as America’s Labor Shortage Entrenches
JOLTS shows 7.1M openings and flat hiring. September payrolls added just 29K. The worker shortage has gone structural and the math is getting worse.
Bureau of Labor Statistic
JOLTS shows 7.1M openings and flat hiring. September payrolls added just 29K. The worker shortage has gone structural and the math is getting worse.
Employers added just 29K jobs in September, a massive miss against 90K expected. Unemployment rose to 4.2% as markets rallied on fading rate-hike odds.
The U.S. has 7.3M job openings but a shrinking workforce. Construction needs 500K workers. Manufacturing faces a 2.1M gap by 2030. Here's where it...
Jobs, PCE, ISM, and GDP all drop this week in the most consequential data gauntlet since the Fed's September rate hike. Here's what to watch.
Initial claims fell to 197K against a 200K consensus. With PMIs surging and continuing claims flat, the US labor market is a fortress.
7.3M job openings, 162K new payrolls, but a quit rate near historic lows. The U.S. labor market is healthy on paper — so why won't anyone move? This...
JOLTS shows 7.3M openings against 5.1M hires. Construction needs 349,000 workers. Manufacturing's humming. The structural labor shortage persists — and...
The quits rate hit 1.9% — the lowest in a decade — as 7.3M openings, a frozen labor force, and 349K needed construction workers reveal a market that...
August payrolls surged by 162,000 — triple the consensus — as upward revisions erased July's losses. The labor market isn't cracking. Next week's CPI...
Private employers added just 38,000 jobs in August — a 9,000 miss below consensus and the slowest month since January. Manufacturing shed 17,000....