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 workforce. The figures point to a historic level of turmoil in the job market as newly-empowered workers quit jobs, often for higher pay or better working conditions. In addition to the number of unemployed, there are about 5 million fewer people looking for jobs compared with pre-pandemic trends, making it much harder for employers to hire.

Job Jobs Workers Pay Million Quit  record  message  working  quit  americans  million  hiring  pay  job  jobs  openings  workers  bosses  employers  numbers

History of this topic

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October
2 weeks, 4 days ago

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October

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. Read our privacy policy America's job market rebounded …

US added a strong 227,000 jobs in November in bounce-back from October slowdown
Top News
2 weeks, 5 days ago

US added a strong 227,000 jobs in November in bounce-back from October slowdown

Associated Press  

WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. The November employment report provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the …

US hiring rebounds after slump on hurricanes, strike
2 weeks, 5 days ago

US hiring rebounds after slump on hurricanes, strike

New Indian Express  

WASHINGTON: The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes. While Boussour said she expects job growth to settle "below trend" as the labor market cools gradually, she added that "a labor market downturn isn't on the near-term horizon" with layoffs remaining relatively …

Job growth beats expectations in November, rising by 227,000
Trending News
2 weeks, 5 days ago

Job growth beats expectations in November, rising by 227,000

Salon  

Job growth that stalled in October rebounded the following month as the effects of hurricanes and labor disputes subsided, the Bureau of Labor Statistics reported Friday. Employment rates showed “little or no change over the month in other major industries,” according to the Bureau of Labor Statistics, including the construction, transportation, information, financial professions and business services sectors. “Job creation …

US job openings rose last month, though hiring slowed, in mixed picture for labor market
3 weeks ago

US job openings rose last month, though hiring slowed, in mixed picture for labor market

Associated Press  

WASHINGTON — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled. Last month, job openings rose sharply in professional and business services, a category that includes engineers, managers, and accountants, as well as in the restaurant …

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 …

Employers added only 12,000 jobs in October. That seems bad — but there's a catch
1 month, 3 weeks ago

Employers added only 12,000 jobs in October. That seems bad — but there's a catch

NPR  

Employers added only 12,000 jobs in October. That seems bad — but there's a catch toggle caption David Ryder/Getty Images North America U.S. employers added a scant 12,000 jobs in October — but the labor market is likely not as weak as that number implies. Overall the labor market likely is cooling but remains fairly resilient despite the weak October …

"Very good news": Strong September report shows U.S. added 254k jobs
2 months, 3 weeks ago

"Very good news": Strong September report shows U.S. added 254k jobs

Salon  

The U.S. added 254,000 jobs in September, demonstrating strong economic vitals just 31 days before the election. Former President Donald Trump has hit Kamala Harris hard on economic issues in recent speeches, claiming that she would usher in the worst recession since the Great Depression. “The past two days, we’ve gotten some very good news about the American economy,” President …

US Jobs data: Payroll gains miss expectations at a disappointing 142,000
3 months, 2 weeks ago

US Jobs data: Payroll gains miss expectations at a disappointing 142,000

Hindustan Times  

August payrolls expanded by 142,000, weaker than expected. US job gains for the past twelve months ending in March showed there were 818,000 fewer jobs than previously reported in the largest downward revision since 2009. It’s not disaster, but it’s below expectations on the headline, and what really bothers me is the revisions,” said Dan North, senior economist for North …

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 …

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels
4 months ago

U.S. applications for unemployment benefits inch up, but remain at historically healthy levels

Associated Press  

Slightly more Americans filed for unemployment benefits last week, but the number of claims remains at healthy levels. But they started rising in May, hitting 250,000 in late July and adding to evidence that high interest rates are taking a toll on the U.S. job market. However, the tiny increase in claims this week follows two straight weeks of declines, …

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 …

U.S. employers added a solid 206,000 jobs in June in a sign of continued economic strength
5 months, 2 weeks ago

U.S. employers added a solid 206,000 jobs in June in a sign of continued economic strength

LA Times  

America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand high interest rates. In addition, just two sectors — government and a category that includes healthcare and social assistance, neither of which captures the economy’s underlying strength — accounted for roughly three-quarters of June’s job growth. Economists …

US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels
6 months, 2 weeks ago

US job openings fall to 8.1 million, lowest since 2021, but remain at historically high levels

Associated Press  

WASHINGTON — U.S. job openings fell in April to the lowest level since 2021. Monthly job openings have come down steadily a peak of 12.2 million in March 2022 — as the economy’s recovery from COVID-19 lockdowns left companies desperate for workers — but they remain at a high level. Fed policymakers likely welcome lower job openings — a relatively …

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 …

Applications for US unemployment benefits dip to 210,000 in strong job market
8 months, 3 weeks ago

Applications for US unemployment benefits dip to 210,000 in strong job market

Associated Press  

NEW YORK — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. Applications for unemployment benefits are viewed as a proxy for layoffs and a sign of where the job market is headed. Economists expect some tightening in the jobs market …

More Americans apply for unemployment benefits but layoffs still historically low
10 months, 3 weeks ago

More Americans apply for unemployment benefits but layoffs still historically low

Associated Press  

The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels. Applications for unemployment benefits climbed to 224,000 for the week ending Jan. 27, an increase of 9,000 from the previous week, the Labor Department reported Thursday. Though inflation has eased considerably in the past year, …

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 …

US job openings fell slightly in November but remain high by historical standards
11 months, 3 weeks ago

US job openings fell slightly in November but remain high by historical standards

Associated Press  

WASHINGTON — America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021. Wednesday’s report, called the Jobs Openings and Labor Turnover Summary, reinforced other recent evidence that while the job market is slowing from its robust heights, it remains solid. In the face of rising interest rates, job openings have gradually …

Solid US hiring lowers unemployment rate in latest sign of a still-sturdy job market
1 year ago

Solid US hiring lowers unemployment rate in latest sign of a still-sturdy job market

Associated Press  

WASHINGTON — U.S. employers added a healthy 199,000 jobs last month and the unemployment rate fell, fresh signs that the economy could achieve an elusive “soft landing,” in which inflation would return to the Federal Reserve’s 2% target without causing a steep recession. “From my perspective,” Seyedian said, “the economy is still strong, and people still want to spend money.” …

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, …

US employers tighten hands adding 1,50,000 jobs in October
1 year, 1 month ago

US employers tighten hands adding 1,50,000 jobs in October

Live Mint  

As the United States economy struggles with the high inflation and subsequent measures by the Federal Reserve, job growth has witnessed a sharp decline with 1,50,000 hirings in October. The number still looks decent but is considerably less when compared to September when the job growth stood robust at 2,97,000. The math looks far better when seen with a yearly …

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. …

U.S. employers added 336,000 jobs in September in a sign of economic resilience
1 year, 2 months ago

U.S. employers added 336,000 jobs in September in a sign of economic resilience

LA Times  

A FedEx driver makes deliveries in Palatine, Ill. Friday’s report from the Labor Department showed that the unemployment rate was unchanged at 3.8%, not far above a half-century low. The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook …

More evidence that the US job market remains hot after US job openings rise unexpectedly in August
1 year, 2 months ago

More evidence that the US job market remains hot after US job openings rise unexpectedly in August

Associated Press  

WASHINGTON — U.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates — perhaps too strong for the inflation fighters at the Federal Reserve. American employers posted 9.6 million job openings in August, up from 8.9 million in July and the first uptick in three months, the Labor Department said Tuesday. …

US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market
1 year, 3 months ago

US employers added a solid 187,000 jobs in August in sign of a still-resilient labor market

Associated Press  

WASHINGTON — America’s employers added 187,000 jobs in August, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed. Last month’s job growth marked an increase from July’s revised gain of 157,000 but still pointed to a moderating pace of hiring compared with the sizzling gains of last year and earlier this …

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 …

Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession
1 year, 4 months ago

Fewer Americans got jobs in July than expected. But a steady market suggests US may avoid recession

Associated Press  

WASHINGTON — The job market has cooled over the summer. And the Fed’s inflation fighters will welcome news that more Americans entered the job market last month, easing pressure on employers to raise wages to attract and keep staff. “These numbers,’' acting Labor Secretary Julie Su said after the jobs report came out, “are inconsistent with recession.’' There’s other evidence …

Hiring slowed in July, but U.S. employers added a still-solid 187,000 jobs
1 year, 4 months ago

Hiring slowed in July, but U.S. employers added a still-solid 187,000 jobs

LA Times  

Jose Viveros delivers beverages in Los Angeles’ Little Tokyo on July 27. U.S. employers added 187,000 jobs last month, fewer than expected, as higher interest rates continued to weigh on the economy. Increasingly, economists are expressing confidence that inflation fighters at the Fed can pull off a rare “soft landing” — raising interest rates just enough to rein in rising …

The US was just downgraded, but the jobs report will likely be strong
1 year, 4 months ago

The US was just downgraded, but the jobs report will likely be strong

CNN  

Minneapolis CNN — Despite Tuesday’s credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another solid jobs report on Friday. “Usually, fiscal policy affects the labor market fairly slowly, but political crises have the potential to have a more immediate impact and if there’s a government shutdown or similar crisis in the …

Job openings fall to lowest level in two years as demand for workers cools
1 year, 4 months ago

Job openings fall to lowest level in two years as demand for workers cools

Associated Press  

WASHINGTON — U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit. The government’s report also showed that the number of people who quit their jobs in June fell sharply to 3.8 million, from 4.1 million, another sign the job market …

The number of available jobs in the US just fell to its lowest level in more than two years
1 year, 4 months ago

The number of available jobs in the US just fell to its lowest level in more than two years

CNN  

Minneapolis CNN — Bit by bit, the US labor market is settling down from the rolling boil of the past three years: The number of job openings dipped to its lowest point in more than two years, according to data from the Bureau of Labor Statistics released on Tuesday. “Both a recession and a soft landing look like this.” The …

Layoffs run rampant with over 194,000 Americans left unemployed in 2023 so far, recession fears arise- Report
1 year, 5 months ago

Layoffs run rampant with over 194,000 Americans left unemployed in 2023 so far, recession fears arise- Report

Hindustan Times  

According to a report from Forbes, 2023 has brought a storm of layoffs across various industries, with nearly 194,000 American employees finding themselves out of work in more than 150 major layoffs. Nearly 194,000 American employees finding themselves out of work in more than 150 major layoffs in 2023 so far. Tech Takes a Hit Tech companies have faced the …

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 …

US applications for jobless benefits highest since October 2021
1 year, 6 months ago

US applications for jobless benefits highest since October 2021

Associated Press  

The number of Americans applying for unemployment benefits last week rose to its highest level since October 2021, but the labor market remains one of the healthiest parts of the U.S. economy. The Labor Department reported Thursday that U.S. applications for jobless claims were 261,000 for the week ending June 3, an increase of 28,000 from the previous week’s 233,000. …

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 hit 10.1 million and labor market still strong despite Fed efforts to cool economy
1 year, 6 months ago

US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

Associated Press  

WASHINGTON — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January, the Labor Department said Wednesday. Layoffs fell, but the number of people quitting their 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 …

Job openings tumble to lowest point in nearly two years
1 year, 7 months ago

Job openings tumble to lowest point in nearly two years

CNN  

Minneapolis CNN — The number of open jobs in the United States has dropped to the lowest level since May 2021, a reflection of a labor market that is slowly settling back into balance after the Federal Reserve’s yearlong campaign to cool off the economy. “After two years of incredibly rapid churn and highly elevated demand, things are now all …

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 …

Job market still hot, December openings rise to 11 million
1 year, 10 months ago

Job market still hot, December openings rise to 11 million

Associated Press  

WASHINGTON — U.S. job openings rose to 11 million in December, delivering a setback to the Federal Reserve’s effort to cool a hot job market. For 18 straight months, employers have posted at least 10 million openings — a level never reached before 2021 in Labor Department data going back to 2000. Employers created 375,000 jobs a month in 2022 …

US job openings increase to five-month high, manufacturing slumps
1 year, 10 months ago

US job openings increase to five-month high, manufacturing slumps

Al Jazeera  

Gap between job openings and hiring suggests wage growth could remain high, an indicator that interest rates could rise. Job openings in the United States unexpectedly rose in December, showing demand for labour remains strong despite higher interest rates and mounting fears of a recession, which could keep the Federal Reserve on its policy tightening path. There were 1.9 job …

New graphic shows extent of the Great Resignation - and industries hit hardest
1 year, 11 months ago

New graphic shows extent of the Great Resignation - and industries hit hardest

Daily Mail  

Take part in our poll: did you quit your job in the Great Resignation? New data also shows which industries are affected - the top being hospitality In November 2022, 4.2M resigned, bringing total for the year to 46.6M By November 2021, 48M Americans had left their jobs, up from 42M in 2019 A record number of Americans have quit …

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 stayed high in sign of economic resilience
1 year, 11 months ago

US job openings stayed high in sign of economic resilience

Associated Press  

WASHINGTON — U.S. job openings slipped in November but remained high, suggesting businesses are still determined to add workers, a blow to the Federal Reserve’s efforts to cool hiring and wage gains. Such a high number of job openings suggests the economy is not yet in recession or close to falling into one. “For Fed officials, these data support the …

Discover Related