Job opening data falls to levels rarely seen since pandemic
On Tuesday, June 3, 2025, a sign of “recruitment” at a journey store in the New York Brooklyn district.
Adam Gray | Bloomberg | Getty Images
Business openings have rarely progressed to the levels seen since the Covid Pandemia in July and supported the fears of cooling in the labor market.
. Business Openings and Workers’ According to the data of the Working Statistics Office published on Wednesday, the report showed approximately 7.18 million list in July. This is the second reading below 7.2 million since the end of 2020.
The pressure on Wednesday was the lowest since September 2024, when more than 7.1 million opening was reported. Apart from this BLIP last year, this work -opening level was seen that the latest PANDEM caused an uprising of the US economy and labor force.
It also came by Dow Jones for expectations for 7.4 million openings from economists who participated in the survey.
This underlined the worries of slimming in the labor market, which is a tendency that emerged in anecdotic evidence for several months.
“This is a turning point for the labor market,” heather Long, the Chief Economist of the Federal Credit Association, said. “Another crack again.”
“This is another data point that emphasizes how this labor market freezes and is now difficult to find a job.”
The weekly unemployed request data on Thursday will offer the next round of ideas on the health of the labor market. Then, attention is converted into a close -up work report on Friday morning.
