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U.S. Wage and Job Growth Are Slowing, New Report Warns

Labor,Economy And Jobs,Federal Reserve

From the Center

The U.S. labor market is showing further signs of a slowdown, according to new data from Glassdoor.

Job openings in the U.S. increased just 1.4% from the same period last year, according to the employment site’s June 2019 Job Market Report.

“The continued growth in jobs and pay seen in Glassdoor’s latest Job Market Report is a sign that the good times aren’t over yet. But after a decade-long recovery, today’s labor market is sluggish,” Glassdoor senior economist Daniel Zhao said in a statement.

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