Job Openings Drop to Three-Year Low, Indicating Cautious Hiring in 2024
Allwork
MAY 2, 2024
Data in the latest Job Openings and Labor Turnover Survey (JOLTS) published by the U.S. million job openings falling below all but one estimate in a Bloomberg survey. This three-year low in job vacancies — along with a 2.1% Bureau of Labor Statistics suggests the U.S. labor market is showing signs of cooling.
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