Job openings reach 2-year high at 7.6 million
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On paper, the job market looks pretty darn good. The 4.3% unemployment rate is below both the 10-year average of 4.6% and the 50-year average of 6.1%. For the second month in a row, the official government tally of jobs added blew past economists’ expectations.
The job market in 2026 is frozen: Employers have been slow to hire, and people with jobs are staying put. It’s taking longer to find jobs than it did in previous years; a quarter of unemployed Americans have been looking for six months or more, and the American work force is shrinking.
Slow hiring, a shrinking labor force and other factors are contributing to negativity among the nation's workers.
M vs. 6.833M consensus and 6.887M prior, according to data releases by the Bureau of Labor Statistics on Tuesday.
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. The winners and losers of the workforce are coming into sharper focus. If you're looking for roles in healthcare or service work, you may have a very ...
April marked the first back-to-back month of job gains in a year. But one economist explains why there are real weaknesses beneath the surface. This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more.
The newly released JOLTS report showed an increase of more than 730,000 job openings, to 7.6 million in April. But there were just 5.1 million hires, and the hiring rate decreased 0.3% from the previous month to 3.
When it comes to their careers, many people are searching for the promise of some stability. Finding a well-paid job is important, but so is a sense of job security at an uncertain time for the economy, according to labor-market experts and a growing ...
This month, the global organizational consultancy firm Korn Ferry declared that we’ve entered a nationwide era of “job hugging,” a term to describe the trend of workers increasingly holding onto their positions for dear life amid economic uncertainty ...