Peter's Blog

The once-red-hot U.S. labor market is cooling at the edges. The Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS), released July 29, shows total openings falling to 7.4 million in June—a 4.4 percent openings rate. Hiring was flat at 5.2 million, while total separations came in slightly lower at 5.1 million. […]