News about jobs

Year/year change in job openings rate still deeply negative ... at this point in other cycles, economy was already deeply in recession and labor market was deteriorating at much faster pace pic.twitter.com/keFlKFCPKL

Global News | ADP US May private employment rises 152,000 vs est of +175k: Agencies #jobs pic.twitter.com/cYrrQid2Ub

Good news: The labor market looks similar to pre-pandemic days again. Unemployment remains low. Jobs are still (decently) plentiful. But labor supply & demand are more in balance (which Fed Chair Powell wanted) April 2024 job openings: 8.1 million April unemployed: 6.5 million… pic.twitter.com/rP14J1agim

Job openings fell to their lowest level in more than three years in April, but quits rose and layoffs fell. (Hires were flat.) So net net probably the same story of a strong albeit gradually cooling labor market. #JOLTS Data: www.bls.gov/news.release/jolts.nr0.htm