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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.

β€œThe 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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