JOLTS

The August job vacancy data is the latest evidence that the economy accelerated in the second half of the year, defying expectations that interest rate hikes would be a drag on growth.

Today’s JOLTS data provided reassurance to monetary policymakers that inflationary pressures from the labor market may be retreating.

Job openings in the U.S. fell by much more than expected in July, suggesting that the extremely tight labor market may be loosening a bit. The Labor Department’s Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday that

Not much to comfort the Fed in the latest JOLTS report.

The labor market is still refusing to cooperate with the narrative that the economy is softening.

So much for the idea that the labor market was softening enough for the Fed to hold off on rate hikes.

Job openings fell to 9.6 million in March, the Labor Department said Tuesday. That’s the lowest level of openings since April of 2021.

The number of job openings fell to 9.931 million as of the last day of February.

The market’s expectations for the rate hike coming out of the March meeting of the Federal Open Market Committee (FOMC) moved violently on Tuesday as the Fed chief testified before the Senate Banking Committee.

The Department of Labor said Wednesday that employers had 10.824 million open positions at the end of January, above the expected 10.6 million.

The data this week has made it clear that the Federal Reserve has a lot more work to do to cool down the labor market.

The Fed’s hikes have not done much to loosen labor market conditions.

Job openings fell, reversing the rise seen in September.

If you want to figure out where monetary policy is heading next, watch the labor market.

A big and unexpected reversal for the Federal Reserve in a closely watched measure of the labor market. The job vacancy ratio is back up to 1.9.

The Department of Labor will issue its report on September payrolls, unemployment, and wages on Friday. It may be the most hotly anticipated jobs report in recent memory.

Yesterday we explained that good news is bad news. Financial markets on Tuesday confirmed the corollary: bad news is good news.

The number of open jobs in the United States rose in July, defying predictions that vacancies would fall for a fourth straight month and dashing hopes that the Federal Reserve’s monetary policy tightening had already throttled demand for labor.

Jerome Powell’s dream of taming inflation by bringing down job vacancies has turned into a nightmare of an overheating labor market.

Retail and construction openings crashed in June as the Fed raised interest rates at the fastest pace in decades.

While other parts of the economy seem to be teetering on the brink of recession, the labor market remains strong.

There are 1.7 jobs for every unemployed worker in America.

Don’t believe the hype about a Great Resignation. Something deeper is happening.

A record number of Americans quit their jobs in November even as job openings declined from recent record high.

People are leaving their jobs in record numbers.

According to the report, 4.4 million Americans — three percent — chose to voluntarily leave their place of employment.

U.S. employers posted a record number of available jobs in June, data from the U.S. Bureau of Labor Statistics showed Monday. There were 10.1 million job openings on the last business day of June, according to the BLS.  As well,

Job openings are up and actual hires are down, highlighting ongoing distortions in the Biden economy.

Along with the record number of job openings in April, there was a record pace of workers leaving their jobs.

U.S. employers posted a record number of available jobs in April, far surpassing expectations, and March’s record number of openings was revised higher.

Job openings in the U.S. jumped to 8.1 million in March, a record high, the Labor Department said Tuesday.

Job openings in the retail trade sector rose in February, according to data from the Department of Labor’s Job Openings and Labor Turnover Survey. In January, employers posted 793,000 help wanted notices. These rose to 817,000 in February.

But the number of hires actually fell in February, the second straight monthly decline.

In other words, the number of people retail businesses want to hire is rising. But the number of workers accepting jobs in retail trade is falling.

U.S. businesses posted wanted ads for 6.9 million jobs in January, the U.S. Bureau of Labor Statistics reported Thursday. That was an increase from the upwardly revised 6.752 million for December and well-above the 6.585 forecast by economists surveyed by Econoday.

The year 2020 saw extremely violent gyrations in the economy but the end result was 70 million hires and 75 million layoffs. A tough year with a deep slump followed by a record-setting recovery.

The labor market may have ended the year in slightly better shape than thought. The number of job openings climbed in December to 6.6 million, up from 6.5 million in November. Economists had forecast a decline to 6.4 million jobs.

With the exception of March and April of this year, Novembr is the worst month on record for layoffs in hotels and restaurants.