See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

The job market's pain-free rebalancing

Posted on AllSides July 6th, 2023
From The Left

A remarkably robust U.S. labor market is coming into better balance.

Why it matters: That's the broad takeaway from not one or two, but three reports out Thursday morning that show what's happening beneath the surface of the economy.

Driving the news: The number of vacant job openings fell by 496,000 in May, the Labor Department said, suggesting a cooling of demand for workers. But the same report showed the number of workers voluntarily quitting their jobs rose by 250,000 — a sign that workers still feel empowered.

Meanwhile, the number...

Read full story

AllSides Picks

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right