berg80
Diamond Member
- Oct 28, 2017
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Job opening data falls to levels rarely seen since pandemic
Job openings ticked down in July to levels rarely seen since the Covid pandemic, bolstering fears of cooling in the labor market.The Job Openings and Labor Turnover report showed around 7.18 million listings in July, according to data from the Bureau of Labor Statistics released Wednesday. That’s only the second reading under the 7.2 million level since the end of 2020.
Wednesday’s print was the lowest since September 2024, when just over 7.1 million openings were reported. Outside of that blip lower last year, these job opening levels were last seen when the pandemic was causing an upheaval of the U.S. economy and labor force.
It must be hard to find someone to report numbers Don likes. He may have to break out the Sharpie.