Job openings stayed at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation
FILE - A"now hiring" sign is posted in Garnet Valley, Pa., Monday, May 10, 2021. Job openings stayed at a near-record level in February, 2022, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. – Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation.
Tuesday’s report is separate from the government’s monthly employment report, which in February showed that employersThe data “shows that the labor market remains torrid,” Stephen Stanley, chief economist at Amherst Pierpont, said in a research note. “In a month when the economy added 678,000 jobs, the number of job openings only went down by 17,000. That speaks to the depth of the bid that employers have for labor.
The unemployment rate, at 3.8%, is near the pre-pandemic level of 3.5%, which was the lowest in five decades. And there are still several million fewer people working or looking for work than before the pandemic, forcing employers to compete among a smaller labor pool.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jacksonville February job growth rate outpaces all other Florida metropolitan areasFlorida’s economy added 52,000 jobs in February.
Read more »
US: JOLTS Job Openings fall sightly to 11.266 million in February vs. 11.0 million expectedThere were 11.266M job opening in the US at the end of February, the latest JOLTs Job-Opening data release on Tuesday by the US Labour Department show
Read more »
US job openings dip 11.3 million in February JOLTS reportInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
US job openings, quitting at near record high in FebruaryThere were 11.3 million available jobs last month, matching January’s figure and just below December’s record of 11.4 million, the Labor Department said Tuesday.
Read more »
US job openings remain near record high in FebruaryJob openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation.
Read more »
U.S. Job Openings, Quitting At Near Record High In FebruaryThere were 11.3 million available jobs last month, matching January's figure and just below December's record of 11.4 million, the Labor Department said Tuesday.
Read more »