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Us Job Market

All articles tagged with #us job market

US Long-Term Unemployment Rises to 1.9 Million Amid Job Shortage

Originally Published 3 months ago — by World Socialist Web Site

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Source: World Socialist Web Site

The US is experiencing a surge in long-term unemployment, reaching levels not seen since the early pandemic, with over 1.9 million unemployed for six months or more, amid declining job openings, rising inflation, and economic restructuring, which is fueling social tensions and political instability.

US Job Market Weakens Significantly in 2024, Largest Revision on Record

Originally Published 4 months ago — by AP News

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Source: AP News

New preliminary data reveals the US job market was significantly weaker in 2024 and early 2025 than previously reported, with substantial downward revisions in employment figures across key sectors, raising concerns about economic health and increasing pressure on the Federal Reserve to cut interest rates.

U.S. Job Market Strains and Economic Uncertainty Rise

Originally Published 5 months ago — by CNBC

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Source: CNBC

The US job market is weakening, with July adding only 73,000 jobs, below expectations, and revisions for previous months showing even weaker growth. Factors like tariffs, immigration policies, and economic uncertainty are contributing to a stagnating labor market, characterized by low layoffs but also limited job movement and participation.

Friday's Jobs Report May Reveal Cooling Labor Market

Originally Published 1 year ago — by CNN

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Source: CNN

The upcoming May jobs report is expected to show modest job growth and a continued low unemployment rate, potentially marking the 28th consecutive month of sub-4% unemployment, a streak not seen since the early 1950s. This aligns with the Federal Reserve's goal of achieving a "soft landing" by cooling demand and easing inflation without triggering a recession. Key trends to watch include average hourly earnings, the impact of foreign-born workers, and potential layoffs in public education.

US Job Openings Hit 3-Year Low as Market Cools

Originally Published 1 year ago — by Yahoo Finance

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Source: Yahoo Finance

The U.S. job market has returned to pre-pandemic conditions as the Beveridge Curve, which plots job openings against the unemployment rate, has realigned to its 2018-2019 state. This suggests that inflation can decrease without a significant rise in unemployment. However, inflation remains above the Federal Reserve's 2% target, and the labor market's future stability is still uncertain. Key indicators like the quits rate and monthly payroll growth are also showing signs of normalization.

U.S. Job Openings Hit 3-Year Low in April

Originally Published 1 year ago — by Reuters

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Source: Reuters

U.S. job openings fell to 8.059 million in April, the lowest in over three years, indicating a cooling labor market that could aid the Federal Reserve's efforts to control inflation. The ratio of job openings to job-seekers dropped to 1.24, the lowest since June 2021. The Fed is expected to maintain its current policy rate, with potential rate cuts anticipated later in the year if inflation trends downward.

US Job Openings Plummet to Lowest Level in Over 2 Years, Signaling Cooling Labor Market

Originally Published 2 years ago — by Financial Times

The number of job openings in the United States has dropped to its lowest level in over two years, signaling a slowdown in the labor market. This decline in job openings reflects a weakening demand for workers amid concerns about the economic outlook and ongoing trade tensions.

US Labor Market Finds Balance as Job Openings Decline and Treasury Yields Fall

Originally Published 2 years ago — by Yahoo Finance

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Source: Yahoo Finance

The latest Job Openings and Labor Turnover Survey (JOLTS) report indicates that the US labor market is moving towards a better balance between supply and demand, with the ratio of job openings to unemployed workers reaching its lowest level since August 2021. This normalization is seen as a positive sign for the Federal Reserve, which has been emphasizing the need for a better balance to achieve its inflation target. The report also shows a decrease in job openings and a flat quits rate, suggesting a softening labor market. This data supports the view that the economy is cooling, leading to speculation that the Fed may pause interest rate hikes.