shrink

Hiring in the US is in an epidemic decline as the job market continues to shrink

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Hiring in the US is in an epidemic decline as the job market continues to shrink

Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more

The US job market is likely to shrink this month after a cold March

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The US job market is likely to shrink this month after a cold March

(Bloomberg) — U.S. employment likely rose in March after one of the biggest contractions in wages since the pandemic, extending a series of erratic numbers. Economists estimate 60,000 jobs were added in the month following a decline of 92,000, according to a Bloomberg poll ahead of Friday’s report. The unemployment rate appears stable at 4.4%. … Read more