Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

[Zincwarrior]

Per Indeed, job openings fell to their lowest level in 4 1/2 years. It represents a 3.5% decline from August.

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.

www.cnbc.com

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows​

Key Points

• Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.
• Indeed’s dashboard of indicators also has shown a decline in salary offerings as job advertisements have declined.

Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.

The firm’s Job Postings Index fell to 101.9 as of Oct. 24, the most recent point for which data is available. That’s the lowest since early February 2021 for a measure that uses February 2020 as a baseline value of 100.


The level represents a 0.5% decline from the beginning of the month and a roughly 3.5% tumble from mid-August, the latest point from which Bureau of Labor Statistics data is available.

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey, a measure that Federal Reserve officials watch closely for indications of slack in the jobs market. With the shutdown on the precipice of being the longest in history, economists and policymakers are left to look at alternative data for big-picture indicators.

The most recent JOLTS report, for August, also indicated an ongoing decline in openings. The BLS reported that job openings totaled 7.23 million, about level with July but down 7% from January.

Indeed’s dashboard of indicators also has shown a pullback in salary offerings as job advertisements have declined. Year-over-year wages as judged by salary offerings in Indeed postings rose 2.5% in August, down from 3.4% in January.

A softening labor market has generated concern from Fed officials. The central bank’s Federal Open Market Committee last week voted 10-2 to lower its benchmark interest rate by a quarter percentage point to a target range of 3.75%-4%.


Officials have cited rising risks to the labor market taking precedence over ongoing concerns about inflation holding nearly a full percentage point above the Fed’s 2% target.

“Hiring is slowing. We see this from Indeed, from job postings,” Fed Governor Lisa Cook said Monday. “We’re looking at a panoply of data, and those are real time. We’re not waiting on the unemployment report. There’s reason to be concerned, because there’s a slight uptick in the unemployment rate over the summer.”

 

[Cougarbear]

Per Indeed, job openings fell to their lowest level in 4 1/2 years. It represents a 3.5% decline from August.

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.

www.cnbc.com

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows​

Key Points

• Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.
• Indeed’s dashboard of indicators also has shown a decline in salary offerings as job advertisements have declined.

Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.

The firm’s Job Postings Index fell to 101.9 as of Oct. 24, the most recent point for which data is available. That’s the lowest since early February 2021 for a measure that uses February 2020 as a baseline value of 100.


The level represents a 0.5% decline from the beginning of the month and a roughly 3.5% tumble from mid-August, the latest point from which Bureau of Labor Statistics data is available.

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey, a measure that Federal Reserve officials watch closely for indications of slack in the jobs market. With the shutdown on the precipice of being the longest in history, economists and policymakers are left to look at alternative data for big-picture indicators.

The most recent JOLTS report, for August, also indicated an ongoing decline in openings. The BLS reported that job openings totaled 7.23 million, about level with July but down 7% from January.

Indeed’s dashboard of indicators also has shown a pullback in salary offerings as job advertisements have declined. Year-over-year wages as judged by salary offerings in Indeed postings rose 2.5% in August, down from 3.4% in January.

A softening labor market has generated concern from Fed officials. The central bank’s Federal Open Market Committee last week voted 10-2 to lower its benchmark interest rate by a quarter percentage point to a target range of 3.75%-4%.


Officials have cited rising risks to the labor market taking precedence over ongoing concerns about inflation holding nearly a full percentage point above the Fed’s 2% target.

“Hiring is slowing. We see this from Indeed, from job postings,” Fed Governor Lisa Cook said Monday. “We’re looking at a panoply of data, and those are real time. We’re not waiting on the unemployment report. There’s reason to be concerned, because there’s a slight uptick in the unemployment rate over the summer.”

 

[1srelluc]

Just being mere "hands & feet" is gonna cut-it less and less.​

​

Walmart CEO quietly warns its 2 million workers about AI’s impact: ‘Every job will change’​

MSN

 

[1srelluc]

Companies are no longer posting 10 positions on Indeed hoping to get 3 people that are worth as shit like they were doing in years past.....AI changed all that.

What, don't you think that companies by now have IDed jobs they can get AI or a robot to do?

Shits moving fast, keep up.

 

[Cougarbear]

Companies are no longer posting 10 positions on Indeed hoping to get 3 people that are worth as shit like they were doing in years past.....AI changed all that.

What, don't you think that companies by now have IDed jobs they can get AI or a robot to do?

Shits moving fast, keep up.

This picture was taken in 2020 where 400,000 jobs had already been lost due to robotics.

 

[1srelluc]

A good company could not think as slow as DC if they tried.

 

[Leo123]

Per Indeed, job openings fell to their lowest level in 4 1/2 years. It represents a 3.5% decline from August.

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey.

www.cnbc.com

Job openings in October slumped to the lowest level since February 2021, Indeed measure shows​

Key Points

• Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.
• Indeed’s dashboard of indicators also has shown a decline in salary offerings as job advertisements have declined.

Employment opportunities hit their lowest level in more than 4½ years as October came to a close and the government shutdown dragged on, according to data from jobs site Indeed.

The firm’s Job Postings Index fell to 101.9 as of Oct. 24, the most recent point for which data is available. That’s the lowest since early February 2021 for a measure that uses February 2020 as a baseline value of 100.


The level represents a 0.5% decline from the beginning of the month and a roughly 3.5% tumble from mid-August, the latest point from which Bureau of Labor Statistics data is available.

Under normal conditions, the BLS on Tuesday would have reported its monthly Job Openings and Labor Turnover Survey, a measure that Federal Reserve officials watch closely for indications of slack in the jobs market. With the shutdown on the precipice of being the longest in history, economists and policymakers are left to look at alternative data for big-picture indicators.

The most recent JOLTS report, for August, also indicated an ongoing decline in openings. The BLS reported that job openings totaled 7.23 million, about level with July but down 7% from January.

Indeed’s dashboard of indicators also has shown a pullback in salary offerings as job advertisements have declined. Year-over-year wages as judged by salary offerings in Indeed postings rose 2.5% in August, down from 3.4% in January.

A softening labor market has generated concern from Fed officials. The central bank’s Federal Open Market Committee last week voted 10-2 to lower its benchmark interest rate by a quarter percentage point to a target range of 3.75%-4%.


Officials have cited rising risks to the labor market taking precedence over ongoing concerns about inflation holding nearly a full percentage point above the Fed’s 2% target.

“Hiring is slowing. We see this from Indeed, from job postings,” Fed Governor Lisa Cook said Monday. “We’re looking at a panoply of data, and those are real time. We’re not waiting on the unemployment report. There’s reason to be concerned, because there’s a slight uptick in the unemployment rate over the summer.”

So, more people are currently employed so there are fewer job openings.

 

[Cougarbear]

So, more people are currently employed so there are fewer job openings.

Not necessarily. As I pointed out, AI and robotics has effect on the employment opportunities. The liberals thought it would be a good idea to up the costs with Obamacare and forced wage increases with minimum wage increases to as high as $20/hr. And, there are a lot of people, 42 million, that are on welfare like food stamps and free healthcare. People that don't want to get back into the employment category.

 

[wamose]

I'm glad Trump is President at a critical time such as this. I seriously can't think of one Democrat that would be capable of leading today. I can't think of many Republicans either.

 

[Zincwarrior]

Private payrolls per ADP rose higher than expected. This is a positive marker for the resilience of the economy currently.

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.

www.cnbc.com

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says​

Key Points

• Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
• All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
• The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.

Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for September showed 3,000 fewer jobs lost, the payrolls processing firm said.


A gain of 47,000 in the trade, transportation and utilities grouping helped offset losses in multiple other categories. Education and health services also showed growth of 26,000, while financial activities added 11,000.

Despite the artificial intelligence-fueled tech boom, information services saw a decline of 17,000 positions. Other sectors posting losses included professional and business services (-15,000), other services (-13,000), and manufacturing (-3,000), a sector that continues to struggle despite President Donald Trump’s tariffs aimed at bringing factory jobs back to the U.S.

All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000. The trend away from job growth at small businesses is significant, considering they are responsible for three of every four jobs, ADP’s chief economist, Nela Richardson, said.

“While big companies make headlines, small companies drive hiring,” Richardson said on CNBC. “So to see that weakness at the small company level is still a concern, and I think that’s one of the reasons why the recovery has been so tepid.”

Despite the meager job growth, salaries continued to rise. Year-over-year pay for those staying in their jobs rose 4.5%, the same as in September, while job switchers saw a 6.7% increase, up slightly from a month ago.


“Private employers added jobs in October for the first time since July, but hiring was modest relative to
what we reported earlier this year,” Richardson said. “Meanwhile, pay growth has been largely flat for more than a year, indicating that shifts in supply and demand are balanced.”

 

[Rawley]

Private payrolls per ADP rose higher than expected. This is a positive marker for the resilience of the economy currently.

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.

www.cnbc.com

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says​

Key Points

• Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
• All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
• The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.

Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for September showed 3,000 fewer jobs lost, the payrolls processing firm said.


A gain of 47,000 in the trade, transportation and utilities grouping helped offset losses in multiple other categories. Education and health services also showed growth of 26,000, while financial activities added 11,000.

Despite the artificial intelligence-fueled tech boom, information services saw a decline of 17,000 positions. Other sectors posting losses included professional and business services (-15,000), other services (-13,000), and manufacturing (-3,000), a sector that continues to struggle despite President Donald Trump’s tariffs aimed at bringing factory jobs back to the U.S.

All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000. The trend away from job growth at small businesses is significant, considering they are responsible for three of every four jobs, ADP’s chief economist, Nela Richardson, said.

“While big companies make headlines, small companies drive hiring,” Richardson said on CNBC. “So to see that weakness at the small company level is still a concern, and I think that’s one of the reasons why the recovery has been so tepid.”

Despite the meager job growth, salaries continued to rise. Year-over-year pay for those staying in their jobs rose 4.5%, the same as in September, while job switchers saw a 6.7% increase, up slightly from a month ago.


“Private employers added jobs in October for the first time since July, but hiring was modest relative to
what we reported earlier this year,” Richardson said. “Meanwhile, pay growth has been largely flat for more than a year, indicating that shifts in supply and demand are balanced.”

Hold it, we were told that the economy sucks and that tariffs were destroying the country.

 

[1srelluc]

Hold it, we were told that the economy sucks and that tariffs were destroying the country.

I guess the demise of the economy was underestimated.

 

[Shamrock17]

Private payrolls per ADP rose higher than expected. This is a positive marker for the resilience of the economy currently.

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.

www.cnbc.com

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says​

Key Points

• Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
• All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
• The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.

Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for September showed 3,000 fewer jobs lost, the payrolls processing firm said.


A gain of 47,000 in the trade, transportation and utilities grouping helped offset losses in multiple other categories. Education and health services also showed growth of 26,000, while financial activities added 11,000.

Despite the artificial intelligence-fueled tech boom, information services saw a decline of 17,000 positions. Other sectors posting losses included professional and business services (-15,000), other services (-13,000), and manufacturing (-3,000), a sector that continues to struggle despite President Donald Trump’s tariffs aimed at bringing factory jobs back to the U.S.

All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000. The trend away from job growth at small businesses is significant, considering they are responsible for three of every four jobs, ADP’s chief economist, Nela Richardson, said.

“While big companies make headlines, small companies drive hiring,” Richardson said on CNBC. “So to see that weakness at the small company level is still a concern, and I think that’s one of the reasons why the recovery has been so tepid.”

Despite the meager job growth, salaries continued to rise. Year-over-year pay for those staying in their jobs rose 4.5%, the same as in September, while job switchers saw a 6.7% increase, up slightly from a month ago.


“Private employers added jobs in October for the first time since July, but hiring was modest relative to
what we reported earlier this year,” Richardson said. “Meanwhile, pay growth has been largely flat for more than a year, indicating that shifts in supply and demand are balanced.”

You won't hear the leftist anti-Trump media or their echo chambers praise the upward private job growth. Also, the economy has also showed robust growth, real GDP surged at an annualized 3.8% in Q2 (April-June), the strongest quarterly pace since late 2023.

 

[Dante]

Private payrolls per ADP rose higher than expected. This is a positive marker for the resilience of the economy currently.

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.

www.cnbc.com

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says​

Key Points

• Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
• All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
• The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.

Companies added 42,000 jobs for the month, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000. A revision for September showed 3,000 fewer jobs lost, the payrolls processing firm said.


A gain of 47,000 in the trade, transportation and utilities grouping helped offset losses in multiple other categories. Education and health services also showed growth of 26,000, while financial activities added 11,000.

Despite the artificial intelligence-fueled tech boom, information services saw a decline of 17,000 positions. Other sectors posting losses included professional and business services (-15,000), other services (-13,000), and manufacturing (-3,000), a sector that continues to struggle despite President Donald Trump’s tariffs aimed at bringing factory jobs back to the U.S.

All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000. The trend away from job growth at small businesses is significant, considering they are responsible for three of every four jobs, ADP’s chief economist, Nela Richardson, said.

“While big companies make headlines, small companies drive hiring,” Richardson said on CNBC. “So to see that weakness at the small company level is still a concern, and I think that’s one of the reasons why the recovery has been so tepid.”

Despite the meager job growth, salaries continued to rise. Year-over-year pay for those staying in their jobs rose 4.5%, the same as in September, while job switchers saw a 6.7% increase, up slightly from a month ago.


“Private employers added jobs in October for the first time since July, but hiring was modest relative to
what we reported earlier this year,” Richardson said. “Meanwhile, pay growth has been largely flat for more than a year, indicating that shifts in supply and demand are balanced.”

too funny

misinterpreting things in order to...

never mind

Facts Matter:

"The Trump tariffs are the largest US tax increase as a percent of GDP (0.54 percent for 2025) since 1993, surpassing the tax increases enacted under President Barack Obama and President George H.W. Bush."

October 31, 2025:

Tracking the Economic Impact of the Trump Tariffs

The Trump tariffs are the largest US tax increase as a percent of GDP since 1993 and amount to an average tax increase per US household of $1,500 in 2026.

taxfoundation.org

 

[Dante]

You won't hear the leftist anti-Trump media or their echo chambers praise the upward private job growth. Also, the economy has also showed robust growth, real GDP surged at an annualized 3.8% in Q2 (April-June), the strongest quarterly pace since late 2023.

Key Points

• Private companies added 42,000 jobs in October, following a decline of 29,000 in September and topping the Dow Jones consensus estimate for a gain of 22,000.
• All of the job creation came from companies employing at least 250 workers. That category added 76,000 jobs, while smaller businesses lost 34,000.
• The ADP count comes out the first Wednesday of the month and usually takes a back seat to the official nonfarm payrolls report, which won’t be released because of the government shutdown.

Small businesses??? The "Little guy?"

 

[Dante]

Consumer prices in September rise to a pace not seen since January​

The consumer price index rose at a 3 percent annual rate, the government reported.

Updated October 24, 2025

 

[Zincwarrior]

Job cuts are the highest in decades, driven by the economy and AI. Thoughts USMB?

October job cuts highest for month since 2003: Report​

https://thehill.com/business/5592676-october-job-cuts/

October job cuts are the highest for the month since 2003, according to a Thursday report from analyst Challenger, Gray and Christmas.

Employers’ job cuts totaled 153,074 for the month of October, marking a 174 percent increase from this time last year.


“This is the highest total for October in over 20 years, and the highest total for a single month in the fourth quarter since 2008,” Andy Challenger, chief revenue officer for Challenger, Gray and Christmas, said in a statement.

The warehousing industry saw the most reductions, with 47,878 job cuts due to an “ongoing overcapacity and automation-driven restructuring following pandemic-era growth,” per the report.

The private sector added 42,000 jobs in October, according to the payroll management company ADP.

In addition to cuts, planned hires are also down by 35 percent compared to last year, reaching the lowest year-to-date total since 2011.

U.S. employers have announced plans to fill 488,077 roles.

“It’s possible with rate cuts and a strong showing in November, companies may make a late season push for employees, but at this point, we do not expect a strong seasonal hiring environment in 2025,” Challenger said.

On Wednesday, President Trump said more “American-born workers” are employed than when he took office. He’s touted his economic agenda alongside Vice President Vance.

“The president has done a lot that has already paid off in lower interest rates and lower inflation, but we inherited a disaster from Joe Biden and Rome wasn’t built in a day. We’re going to keep on working to make a decent life affordable in this country, and that’s the metric by which we’ll ultimately be judged in 2026 and beyond,” the vice president wrote in a Wednesday post on the social platform X.

“The infighting is stupid. I care about my fellow citizens–particularly young Americans–being able to afford a decent life…” he added.

 

[task0778]

Manufacturing was down, when do we get the uptick in those jobs? Wasn't that at least one of the end goals behind raising all these tariffs?

 

[Meister]

Sounds like there is going to be another rate cut in Dec.
Too bad Powell is playing politics with the fed rate. It could
have been avoided.

 

[Zincwarrior]

https://www.washingtonpost.com/business/2025/11/06/job-cuts-accelerate-october-layoffs-trump/

Layoffs accelerated in October, pushing 2025 job cuts to levels typically seen in recessions, according to newly released data from Challenger, Gray & Christmas, a private firm that tracks workplace reductions.

U.S. employers have announced 1.1 million layoffs so far this year — the largest reading since the pandemic recession and on par with 2008 and 2009 job cuts during the Great Recession, the firm’s figures show. The data includes a recent spate of layoffs at major companies such as UPS, Amazon and Target, and adds to growing concern about a labor market slowdown.

Employers cited cost-cutting and artificial intelligence as the top two reasons for job reductions in October.

“We’re entering new territory with these layoffs in October,” said John Challenger, the firm’s CEO. “We haven’t seen mega-layoffs of the size that are being discussed now — 48,000 from UPS, potentially 30,000 from Amazon — since 2020 and before that, since the recession of 2009. When you see companies making cuts of this size, it does signal a real shift in direction.” (Amazon founder Jeff Bezos owns The Washington Post.)