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Job Openings

All articles tagged with #job openings

May Job Openings Beat Forecasts at 7.6 Million
economy12 days ago

May Job Openings Beat Forecasts at 7.6 Million

U.S. job openings in May rose to 7.6 million, matching April and beating economists’ 7.3 million forecast; gains were led by wholesale trade and accommodations/food services, while healthcare and finance declined. The quits rate held at 1.9%, hires at 3.3%, and layoffs edged up slightly, with rates hovering around 1%–1.2% since mid-2024, according to the Bureau of Labor Statistics’ JOLTS report.

Yields Rise as Payrolls Beat Forecasts, Oil Climbs
markets1 month ago

Yields Rise as Payrolls Beat Forecasts, Oil Climbs

U.S. Treasury yields moved higher after the ADP private payrolls report showed May gains of 122,000 (the strongest since January 2025). The 10-year yield rose to about 4.489%, the 2-year to about 4.078%, and the 30-year to about 4.989%. Oil prices also climbed, with WTI closing at $96.02 and Brent at $97.81. The ISM services index came in at 53.6, and job openings rose to 7.6 million in April—the highest since May 2024 (per BLS, with a correction noted). The moves come amid ongoing Middle East tensions and shifting energy and labor data.

economy3 months ago

Fewer Hires, Steady Openings: February 2026 JOLTS Snapshot

The February 2026 JOLTS release from the U.S. Bureau of Labor Statistics shows job openings at 6.9 million (little changed), hires at 4.8 million, and total separations at 5.0 million. Within separations, quits were 3.0 million and layoffs/discharges 1.7 million, signaling a still-tight but softening U.S. labor market across the total nonfarm sector and by establishment size/industry.

Labor market shows cracks as December JOLTS signals softer openings
economy5 months ago

Labor market shows cracks as December JOLTS signals softer openings

December JOLTS data show job openings fell to 6.5 million and the openings rate to 3.9%, while hiring rose only modestly to 3.3%, signaling softer demand for workers. The downturn is echoed by rising unemployment claims and notable layoffs, though some indicators (like Bank of America data) suggest pockets of improvement, leaving the labor market in a fragile stabilization phase that could influence Fed decisions.

AI Launch Correlates with Job Decline and Market Surge, but the Real Cause Is Debated
economy8 months ago

AI Launch Correlates with Job Decline and Market Surge, but the Real Cause Is Debated

Since ChatGPT's launch, the US stock market has surged while job openings have fallen sharply, but economist Derek Thompson argues that the primary causes are monetary policy, trade and immigration policies, rather than AI itself. The decline in jobs is more linked to interest rate hikes and trade restrictions, with AI-related sectors showing less decline than others, and AI stocks contributing significantly to market gains. The situation highlights a divided economy: a booming AI-driven sector and a sluggish broader job market.