Tag

Jolts

All articles tagged with #jolts

economy11 days ago

US Job Openings Drop to Five-Month Low as Hiring Remains Tepid

U.S. job openings fell to 7.08 million in August, marking a five-month low, while hiring and separations remained largely unchanged. MarketWatch attributes the weak hiring environment to war, high gas prices, rising interest rates, and AI, noting that consumer skepticism about labor market improvement persists. The BLS data shows total separations at 5.1 million, with quits at 3.1 million and layoffs at 1.6 million. Despite a recent surge in employment, the labor market remains resilient but faces structural headwinds.

economic-indicators1 month ago

U.S. July job openings cool, but edge up from June revision

U.S. July job openings cooled versus expectations but rose from a downwardly revised June reading, with JOLTS showing 7.271 million openings (vs 7.330 million expected) and June revised to 7.182 million. Hires were 5.054 million and separations 5.072 million; quits fell to 3.056 million while layoffs/discharges declined to 1.666 million. The softer July reading, along with hawkish Fed commentary, gives the Fed some breathing room as rate-cutting expectations fade and markets price in a possible September 25 bp hike, with attention turning to August payrolls for the next labor-market cue.

Gold Dips as Jobs Data Signals Soft Labor Market and Fed Path in Limbo
markets1 month ago

Gold Dips as Jobs Data Signals Soft Labor Market and Fed Path in Limbo

Gold slid nearly 2% to about $4,365/oz as July U.S. JOLTS data showed job openings at 7.27 million, below expectations around 7.33 million, signaling ongoing labor-market softness. The pullback comes amid higher oil from Middle East tensions and inflation fears, keeping the Fed on a tightening bias. If the labor market cools further, rate hikes could stall, raising concerns about stagflation while gold tests support around $4,350.

economy1 month ago

July 2026 JOLTS: Job Openings Stabilize at 7.3 Million

U.S. job openings held steady at about 7.3 million in July 2026, with hires and total separations near 5.1 million. Within separations, quits were 3.1 million and layoffs/discharges 1.7 million, per the BLS Job Openings and Labor Turnover Survey, which covers total nonfarm payrolls by industry and establishment size and defines openings as positions open on the last business day of the month.

May Job Openings Beat Forecasts at 7.6 Million
economy3 months 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.

economy6 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.

DJIA Dips as Layoffs Surge and Hiring Slows
business8 months ago

DJIA Dips as Layoffs Surge and Hiring Slows

The Dow Jones declined about 0.6% as January planned layoffs jumped 118% year-over-year to 108,435—the highest since 2009—led by UPS and Amazon; hiring slowed to 5,306 new hires, while JOLTS showed 6.542 million job openings (below the 7.25 million expected). Initial jobless claims rose to 231,000 and continuing claims to 1.844 million, signaling softer labor conditions and weighing on the Dow, with tech names and the DIA ETF contributing to the declines.

Labor market shows cracks as December JOLTS signals softer openings
economy8 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.