US job openings slip 1.7% in August as labor market slows

Chicago Tribune Finance 2 months ago

WASHINGTON (AP) — U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers.

The Labor Department says employers advertised 7.1 million available jobs in August, down from 7.2 million available jobs in July. Job openings reached a peak of 7.6 million last November but have fallen by about 500,000 since then.

The job market has been a critical buffer against an economic downturn, as it gave Americans the confidence to spend freely. A yearlong trade war with China has hit manufacturing and weakened business investment, but consumer spending has so far propelled the economy forward.

The government said employers added 136,000 jobs in September as the unemployment rate fell to 3.5%, a half-century low.


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ABC News › Finance › 2 months ago
US job openings slip 1.7% in August as labor market loses momentum
The New York Times › Finance › 2 months ago
U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers.
Reuters › Finance › 2 months ago
U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labor as the economy loses momentum.
UPI › Finance › 1 month ago
The number of job openings in the United States fell in September to the lowest level in a year and a half, Labor Department figures showed Tuesday.
One America News Network › Finance › 2 months ago
WASHINGTON (Reuters) - U.S. job openings fell to a 1-1/2-year low in August and hiring slipped, suggesting employment growth was slowing mostly because of ebbing demand for labor.
The New York Times › Finance › 2 months ago
U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labour as the economy loses momentum.
ABC News › Finance › 1 month ago
US job openings decline 4% in September though remain at healthy levels
Chicago Tribune › Finance › 1 month ago
U.S. job openings unexpectedly slumped in September to the lowest level in a year and a half on broad declines across industries, another sign of moderating yet still-strong hiring.
Cleveland › Finance › 1 month ago
Giant Eagle is recruiting for 250 openings at a hiring event Thursday at Giant Eagle and Market District stores in the Cleveland area.
CNBC › 1 month ago
Total vacancies fell to 7.02 million for the month, a decline of 277,000 from August, the Jobs Opening and Labor Turnover Survey showed.
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