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

Job openings fell again in April, hitting lowest level since February 2021 in a sign of labor market weakening

Posted on AllSides June 4th, 2024
From The Center

Job openings fell more than forecast in April, signaling a potential weakening in the labor market that could provide the Federal Reserve more impetus to start lowering interest rates.

The Labor Department’s Job Openings and Labor Turnover Survey showed that the level of employment vacancies slipped to 8.06 million for the month, down by nearly 300,000 from March and nearly 19% lower than a year ago.

Moreover, the total marked the lowest since February 2021. The ratio of job openings to available workers edged down from 1.2 to 1, after being around...

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://www.cnbc.com/2024/06/04/job-openings-report-april-2024-job-openings-fell-again.html

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

From the Left

From the Center

From the Right