October Job Openings One More Data Point To Confirm Ongoing Labor Deceleration, Which Is Destined To Weaken Further Next Year

posted in: Credit, Economy | 0

More evidence came out this week that the labor market is in deceleration and more weakness lies ahead. Non-farm job openings tumbled 617,000 month-over-month in October to 8.73 million. This was the lowest since March 2021. The series reached a … Continued

Ahead Of Fri’s Mar Payrolls, Feb Openings Suggest Continued Softening In Job Creation

posted in: Economy | 0

On Friday, March’s employment numbers will be reported. Job growth has been decelerating for months now. Amidst this comes February’s JOLTS report, which points to more softening in the jobs picture in the months ahead. In February, the US economy … Continued