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A red-hot job market that s defied Fed rate hikes is cooling (finally) - Insurance News

A red-hot job market that s defied Fed rate hikes is cooling (finally) - Insurance News
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Layoffs remain near historic lows, new report shows continued strength for workers

A report released Wednesday shows hiring remains strong and layoffs remain low.

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Job openings plunge to lowest level in more than two years

The number of job openings in the United States decreased to 8.7 million in October, the lowest that number has been in more than two years.

United statesChris rupkeyBureau of labor statistics onLabor turnoverFederal reserveJob openingsLabor turnover surveyLabor statisticsNick bunkerIndeed hiring labEconomic projectionsFed rate hikesInterest ratesIs the us ina recessionJolts dataJolts october

Job openings unexpectedly rose in September amid high interest rates

The number of job openings in the United States rose in defiance of expectations to 9.55 million in September.

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Job openings tick up in sign of labor market resilience

The number of job openings in the United States rose to 9.61 million in August, reversing the trend after three straight months of declines.

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