October Job Openings One More Data Point To Confirm Ongoing Labor Deceleration, Which Is Destined To Weaken Further Next Year

posted in: Credit, Economy | 0

More evidence came out this week that the labor market is in deceleration and more weakness lies ahead. Non-farm job openings tumbled 617,000 month-over-month in October to 8.73 million. This was the lowest since March 2021. The series reached a … Continued

U.S. employees getting more comfortable quitting?

posted in: Economy | 0

Jobs have been relatively hard to come by in the current economic recovery.  From the January 2008 high of 138.37mn, U.S. non-farm payroll nosedived all the way to 129.66mn by February 2010, for a loss of 8.7mn.  It took four-plus … Continued