US workers are quitting their jobs in record numbers
3 years, 2 months ago

US workers are quitting their jobs in record numbers

Al Jazeera  

The number of workers in the United States quitting their jobs jumped to 4.3 million in August – the highest quits rate on record. The latest Job Openings and Labor Turnover Survey – JOLTS – from the US Labor Department showed that the number of Americans quitting their jobs jumped to 4.3 million in August. Meanwhile, the number of job openings in the US fell slightly to 10.4 million in August, but that follows on from July which saw a record 11.1 million jobs go begging. But some 51 percent of small business owners said they had job openings they could not fill in September, according to a survey by the National Federation of Independent Business To entice workers off the sidelines, businesses have been offering incentives like signing bonuses and wage rises.

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History of this topic

Job openings rose while hiring dropped in October, labor report shows
3 weeks, 1 day ago

Job openings rose while hiring dropped in October, labor report shows

Salon  

Job openings and resignations increased substantially in October while the number of hires and layoffs dropped, according to a Tuesday report from the Bureau of Labor Statistics that showed a mixed picture of the U.S. labor market. The increased number of job openings appeared mostly in professional and business services, as well as service and IT industries, jumping by 372,000 …

US Hiring Rebounds Slightly And Unemployment Rate Dips In Sign Of Still-Slowing Job Market
3 months, 2 weeks ago

US Hiring Rebounds Slightly And Unemployment Rate Dips In Sign Of Still-Slowing Job Market

Huff Post  

A linesman works on power lines under the morning sun, July 12, 2024, in Phoenix. via Associated Press WASHINGTON — Hiring by America’s employers picked up a bit in August from July’s sluggish pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy. In a …

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%
4 months, 3 weeks ago

With 114,000 new jobs in July, hiring slows down in US. Unemployment rate at 4.3%

Firstpost  

US hiring slowed sharply in July, adding only 114,000 jobs well below the forecasted 175,000, causing the unemployment rate to rise to 4.3%, the highest since October 2021. The unemployment rate unexpectedly surged to 4.3%, its highest level since October 2021, contrary to expectations of it remaining steady at 4.1%. Many economists believe that today’s rising unemployment rates reveal an …

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market
4 months, 3 weeks ago

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

Associated Press  

WASHINGTON — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates. The number of people quitting their jobs — a decision that reflects confidence in their ability to find higher pay or better working conditions elsewhere — slid to 3.3 million, fewest since November 2020. …

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%
5 months, 2 weeks ago

US labour market generates 206,000 jobs in June, unemployment rate increases to 4.1%

Hindustan Times  

The United States added 206,000 jobs in June, which was less than the previous month but still more than predicted. The US unemployment rate increased slightly from 4% to 4.1 percent, according to the Bureau of Labor Statistics' report released on Friday. According to the Bureau of Labor Statistics' report released on Friday, the US unemployment rate increased slightly from …

US job openings fall to 8.5 million in March, the lowest level in more than 3 years
7 months, 3 weeks ago

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

Associated Press  

WASHINGTON — U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates. The Labor Department reported Wednesday that employers posted 8.5 million vacancies in March, down from 8.8 million in February and the …

US job openings rise modestly to 8.8 million in February in strong labor market
8 months, 3 weeks ago

US job openings rise modestly to 8.8 million in February in strong labor market

Associated Press  

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. But the Job Openings and Labor Turnover Survey, or JOLTS, showed that layoffs ticked up to 1.7 million in February from 1.6 million in January, highest since March 2023. “Job openings are still elevated relative to …

US job openings rose in December, pointing to a still-durable labor market
10 months, 3 weeks ago

US job openings rose in December, pointing to a still-durable labor market

Associated Press  

WASHINGTON — America’s employers posted 9 million job openings in December, an increase from November and another sign that the U.S. job market remains resilient despite the headwind of higher interest rates. The U.S. economy and job market have remained surprisingly durable despite sharply higher interest rates, which have led to higher borrowing rates for consumers and businesses. Higher rates …

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
11 months, 2 weeks ago

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

Associated Press  

WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. Asked why many Americans remain dissatisfied by the economy, Acting Labor Secretary Julie Su said Friday that “part of the unfortunate reality is we live in polarized times.’’ Many …

U.S. employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
11 months, 2 weeks ago

U.S. employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

LA Times  

The nation’s labor market is still cranking out enough jobs to keep the unemployment rate near historic lows. The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American job market remains resilient even in the face of sharply higher interest rates. The Fed is satisfied enough with the progress so far that it hasn’t …

US job openings fall to lowest level since March 2021 as labor market cools
1 year ago

US job openings fall to lowest level since March 2021 as labor market cools

Associated Press  

WASHINGTON — U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace. The drop in job openings last month was particularly steep in healthcare and social assistance, where they fell by 236,000; finance, which includes banking, …

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market
1 year, 1 month ago

U.S. job openings rise slightly to 9.6 million, sign of continued strength in the job market

Associated Press  

WASHINGTON — Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong even as the U.S. Federal Reserve attempts to cool the economy. Before 2021 — when the American economy began to surge from the COVID-19 pandemic — monthly job openings had never topped 8 million. …

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market
1 year, 3 months ago

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market

Associated Press  

WASHINGTON — Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation. The number of job vacancies dropped to 8.8 million last month, the Labor Department said Tuesday, the fewest since March …

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market
1 year, 5 months ago

U.S. job openings dip to 9.8 million but remain high, showing resilience in labor market

Associated Press  

WASHINGTON — U.S. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. The Labor Department’s Job Openings and Labor Turnover Survey, “continues to reflect …

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know
1 year, 6 months ago

Amazingly, the U.S. job market continues to roar. Here are the 5 things to know

NPR  

Amazingly, the U.S. job market continues to roar. The latest employment report from the Labor Department showed the country's job market remained red hot, with 339,000 jobs added in May. In addition to last month's big number, job growth for March and April – which were already pretty solid – were revised even higher, by a total of 93,000 jobs. …

US job openings dip to 9.6 million, lowest since 2021
1 year, 7 months ago

US job openings dip to 9.6 million, lowest since 2021

Associated Press  

WASHINGTON — U.S. job openings fell in March to the lowest level in nearly two years, a sign that the American labor market is cooling in the face of higher interest rates. The Labor Department’s Job Openings and Labor Turnover Summary, out Tuesday, showed that layoffs rose to 1.8 million, the highest level since December 2020. The number of Americans …

January US job openings dip, but still high at 10.8 million
1 year, 9 months ago

January US job openings dip, but still high at 10.8 million

Associated Press  

WASHINGTON — U.S. employers posted 10.8 million job openings in January, indicating the American job market continues to run too hot for the inflation fighters at the Federal Reserve. “The JOLTS report showed only a slight slowing in the robust labor market, keeping opportunities plentiful for workers looking for better, higher paying jobs,’ said Robert Frick, economist at Navy Federal …

Layoffs revised up in January but US labour market still strong
1 year, 9 months ago

Layoffs revised up in January but US labour market still strong

Al Jazeera  

Even as layoffs rose in January and job cuts were higher than initially thought in 2022, job market remains strong with 1.9 opening per every unemployed worker. US job openings fell less than expected in January and data for the prior month was revised higher, pointing to persistently tight labour market conditions that likely will keep the Federal Reserve on …

The U.S. job market is still healthy, but it's slowing down as recession fears mount
1 year, 11 months ago

The U.S. job market is still healthy, but it's slowing down as recession fears mount

NPR  

The U.S. job market is still healthy, but it's slowing down as recession fears mount Enlarge this image toggle caption Anna Moneymaker/Getty Images Anna Moneymaker/Getty Images The U.S. job market closed out 2022 on a high note. Employers added 223,000 jobs in December, capping a year in which the economy added 4.5 million jobs, more than refilling the deep hole …

US job openings plummet amid higher rates, slower growth
2 years, 2 months ago

US job openings plummet amid higher rates, slower growth

Al Jazeera  

Layoffs in the US increased in August but still remained historically low, according to the Job Openings and Labor Turnover survey. Layoffs ticked up in August but remained at a historically low level, according to the report, known as the Job Openings and Labor Turnover survey, or JOLTS. The sharp drop in job openings will be welcomed by the Federal …

What the blowout US jobs numbers actually mean
2 years, 4 months ago

What the blowout US jobs numbers actually mean

Al Jazeera  

Are there really more people working than at any period in American history, as President Joe Biden claims? Red-hot US jobs data for July may have calmed concerns about a recession but it also raised the risk of another 75 basis point increase from the Federal Reserve in September. US employers added 528,000 jobs in July, blowing past all estimates, …

Softer demand? US job openings fall in June to 9-month low
2 years, 4 months ago

Softer demand? US job openings fall in June to 9-month low

Al Jazeera  

Job openings in the United States fell by 605,000 to 10.7 million in June, a larger decline than expected. US job vacancies fell in June to their lowest level in nine months, suggesting that labour market tightness may be loosening up a bit amid mounting economic challenges. The Job Openings and Labor Turnover Survey, or JOLTS, released by the US …

EXPLAINER: 5 key takeaways from the June jobs report
2 years, 5 months ago

EXPLAINER: 5 key takeaways from the June jobs report

Associated Press  

WASHINGTON — Inflation is raging. And the Fed will likely see June’s hiring spree as another reason to keep aggressively raising its benchmark short-term interest rate as it did in March, May and June to try to tame inflation. Here are five takeaways from the June jobs report: HIRING: STRONG BUT SLOWING “The recent numbers usually would be consistent with …

US job openings slip, but employment landscape remains solid
2 years, 5 months ago

US job openings slip, but employment landscape remains solid

Associated Press  

WASHINGTON — U.S. employers advertised fewer jobs in May amid signs that the economy is weakening, though the overall demand for workers remained strong. Employers posted 11.3 million job openings at the end of May, the Labor Department said Wednesday, down from nearly 11.7 million in April. The Federal Reserve has targeted the nearly record-high job openings as evidence that …

The jobs market still favors workers, despite fears of an economic slowdown
2 years, 5 months ago

The jobs market still favors workers, despite fears of an economic slowdown

NPR  

The jobs market still favors workers, despite fears of an economic slowdown Enlarge this image toggle caption Joe Raedle/Getty Images Joe Raedle/Getty Images Workers looking for new jobs have plenty of options, despite recent layoffs and hiring slowdowns in key parts of the economy. In contrast, the rate of workers who are quitting their jobs remains near historic highs, despite …

US added 431,000 jobs in March in sign of economic health
2 years, 8 months ago

US added 431,000 jobs in March in sign of economic health

Associated Press  

America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic, Russia’s war against Ukraine and the highest inflation in 40 years. Still, Vincent Reinhart, chief economist at Dreyfus and Mellon, said the numbers show that “the U.S. economy continues to have underlying momentum …

US job openings, quitting at near record high in February
2 years, 8 months ago

US job openings, quitting at near record high in February

Associated Press  

WASHINGTON — Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. There were 11.3 million available jobs last month, matching January’s figure and just below December’s record of 11.4 million, the Labor Department said Tuesday. Because of those trends, Federal Reserve …

US job openings at near record, adding to price pressures
2 years, 9 months ago

US job openings at near record, adding to price pressures

Associated Press  

WASHINGTON — U.S. businesses posted a near-record level of open jobs in January, a trend that has helped push up worker’s pay and added to inflationary pressures in the U.S. economy. Average hourly pay increased 5.1% in February compared with a year earlier, according to U.S. statistics released last week, a rapid gain that forces companies to either become more …

Google Search Reveals Top 10 Jobs People Looked Up For During Covid-19 Pandemic
2 years, 10 months ago

Google Search Reveals Top 10 Jobs People Looked Up For During Covid-19 Pandemic

ABP News  

New Delhi: Owing to the covid-19 pandemic many people quit their jobs during the first and second waves, while many others were laid off by the companies. Sharing its list of Top-10 job searches, Google Search data discloses that during this pandemic phase most people were interested in starting their own businesses, or a job that doesn’t require a boss. …

Job openings rose in December amid worker shortages
2 years, 10 months ago

Job openings rose in December amid worker shortages

Associated Press  

WASHINGTON — U.S. employers stepped up their search for workers in December despite the looming impact of the omicron wave of coronavirus infections. The number of posted jobs rose 1.4% to 10.9 million on the last day of December, compared with the previous month, the Labor Department said Tuesday. The data suggests companies were still desperate to hire workers last …

US jobless claims rose to 286,000 last week
2 years, 11 months ago

US jobless claims rose to 286,000 last week

Live Mint  

While the surge in Covid-19 cases is disrupting businesses and leading economists to mark down 2022 growth forecasts, few expect it to change the fundamentals of a labor market with little slack and red-hot demand for workers. “Someone who’s dependable, who’s been on the job for a year and doesn’t need to learn the ropes—you don’t want to lay that …

EXPLAINER: 5 key takeaways from the December jobs report
2 years, 11 months ago

EXPLAINER: 5 key takeaways from the December jobs report

Associated Press  

WASHINGTON — One of the fastest years of job creation in U.S. history stumbled at the finish line in December. Hobbled by shortages of workers and persistent threats from the coronavirus, America’s employers added just 199,000 jobs last month — the lowest monthly haul since December 2020 and only about half the total that economists had envisioned. Here are five …

Americans keep quitting their jobs in record numbers
2 years, 11 months ago

Americans keep quitting their jobs in record numbers

Al Jazeera  

If there are any lingering doubts over exactly who holds the upper hand in the United States jobs market these days, Tuesday’s latest figures from the Department of Labor should put them to rest – because workers haven’t had this much power to call the shots in decades. The latest Job Openings and Labor Turnover Survey released on Tuesday showed …

US unemployment claims drop to 198,000
2 years, 11 months ago

US unemployment claims drop to 198,000

Associated Press  

WASHINGTON — The number of Americans applying for unemployment benefits fell below 200,000, more evidence that the job market remains strong in the aftermath of last year’s coronavirus recession. The United States had a near-record 11 million job openings in October, and 4.2 million Americans quit their jobs — just off September’s record 4.4 million — because there are so …

US job openings hover near record, but fewer workers quit
3 years ago

US job openings hover near record, but fewer workers quit

Al Jazeera  

Fewer Americans are telling their bosses ‘I quit’, but the economy remains awash in jobs that are going begging. The United States economy is still awash in jobs, government data showed on Wednesday, but fewer Americans are telling their bosses “I quit.” The latest Job Openings and Labor Turnover Survey from the US Department of Labor showed job openings rose …

US adds only 210,000 jobs in November but the picture is mixed
3 years ago

US adds only 210,000 jobs in November but the picture is mixed

Al Jazeera  

While the number of jobs created fell far short of analysts’ expectations, the unemployment rate fell to 4.2 percent. The labour market recovery in the United States appeared to downshift sharply in November, with the economy adding only 210,000 jobs, the US Department of Labor said on Friday. “The disappointing 210,000 gain in non-farm payrolls in November suggests the labour …

Where US workers are quitting jobs at record rates
3 years ago

Where US workers are quitting jobs at record rates

Live Mint  

Workers in the US resigned from a record 4.4 million jobs in September. Industries experiencing high turnover rates drove quits in the Western U.S. in September and led many Northeastern states to see a more rapid increase in quits since the start of this year. Quits in the education sector—which accounts for a larger share of employment in Northeastern states …

As US workers leave jobs in record numbers, a closer look at who is quitting
3 years, 1 month ago

As US workers leave jobs in record numbers, a closer look at who is quitting

Live Mint  

American workers’ stampede toward the exits hasn’t let up. Workers resigned from a record 4.4 million jobs in September, according to Labor Department data, and new surveys show that low-wage workers, employees of color and women outside the management ranks are those most likely to change roles. While front-line and low-wage positions typically see high rates of turnover, for example, …

Great Resignation: Another record broken as even more Americans quit their jobs in September
3 years, 1 month ago

Great Resignation: Another record broken as even more Americans quit their jobs in September

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The number of Americans voluntarily …

Americans give bosses same message in record numbers: I quit
3 years, 1 month ago

Americans give bosses same message in record numbers: I quit

Associated Press  

WASHINGTON — Americans quit their jobs at a record pace for the second straight month in September, in many cases for more money elsewhere as companies bump up pay to fill job openings that are close to an all-time high. The Labor Department said Friday that 4.4 million people quit their jobs in September, or about 3% of the nation’s …

Americans keep quitting their jobs in record numbers
3 years, 1 month ago

Americans keep quitting their jobs in record numbers

Al Jazeera  

Some 4.4 million Americans – or roughly 3 percent of all employed workers in the nation – quit their jobs in September, the US Department of Labor said on Friday. Some 4.4 million Americans – that’s 3 percent of all employed workers in the nation – quit their jobs in September, the United States Department of Labor said on Friday. …

Why so many Americans are quitting their jobs and what it means for you
3 years, 2 months ago

Why so many Americans are quitting their jobs and what it means for you

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The coronavirus pandemic offered many people an opportunity …

Americans quit their jobs at a record pace in August
3 years, 2 months ago

Americans quit their jobs at a record pace in August

Associated Press  

WASHINGTON — One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. Hiring also slowed in August, the report showed, and the number of jobs available fell to 10.4 million, from a record high of 11.1 million the previous month. The data helps fill in a puzzle that is …

JOLTS job openings report: A record number of Americans are quitting their jobs
3 years, 2 months ago

JOLTS job openings report: A record number of Americans are quitting their jobs

CNN  

New York CNN Business — A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today’s economy. “If you’re unhappy with your job or want a raise, in the current environment it’s pretty easy to find a new one,” said Gus Faucher, chief economist at PNC. The number of job openings in …

U.S. job openings hit a record 10.1 million in June
3 years, 4 months ago

U.S. job openings hit a record 10.1 million in June

Associated Press  

WASHINGTON — U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year’s coronavirus shutdowns. Job openings rose from 9.5 million in May, the Labor Department reported Monday. In a research report, Contingent Macro Advisors suggested that “this report might offer the first sign that …

US job openings rise to record high, layoffs hit record low
3 years, 5 months ago

US job openings rise to record high, layoffs hit record low

Associated Press  

WASHINGTON — U.S. employers posted a record-high number of open jobs for the second straight month as a rapidly rebounding economy generates intense demand for workers. The number of available jobs on the last day of May rose slightly to 9.21 million, from 9.19 million in April, the Labor Department said Wednesday. The figures point to a tight job market, …

US Added 850,000 Jobs In June As Hiring Rebounds
3 years, 5 months ago

US Added 850,000 Jobs In June As Hiring Rebounds

Huff Post  

LOADING ERROR LOADING WASHINGTON — In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs. Despite the job market’s steady improvement, unemployment remains well above the 3.5% rate that prevailed …

US job openings surge to record 9.3 million in April
3 years, 6 months ago

US job openings surge to record 9.3 million in April

Associated Press  

WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at break-neck speed. But employers hired just 6.1 million, up 1% from March, according to a Labor Department report Tuesday, suggesting that positions are opening faster than companies can fill them. The result is a labor market that has snapped back quicker …

US economy sheds 140,000 jobs in December in end to brutal year
3 years, 11 months ago

US economy sheds 140,000 jobs in December in end to brutal year

Al Jazeera  

The United States economy shed 140,000 jobs in December, slamming the brakes on seven months of jobs gains. The economy shed 140,000 jobs last month, the US Department of Labor said on Friday – marking a horrendous end to the most abysmal year for job losses on record. The number of people who said they couldn’t work last month or …

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