US EditionPublished • loading... • Updated
US job openings fall to 6.5 million, fewest since 2020, as labor market remains sluggish
Job openings dropped to 6.5 million in December, the lowest since 2020, as employers slow hiring and shift focus toward automation, signaling weaker labor demand.
- On Thursday, the U.S. Bureau of Labor Statistics reported U.S. job openings fell to about 6.5 million at the end of December, the lowest since September 2020.
- Analysts say employer demand has cooled, with many firms setting plans at the end of 2025 and redirecting spending toward artificial intelligence testing rather than posting jobs.
- Hiring, quits and layoff rates held steady with workers quitting at 3.2 million, initial jobless claims rose to 231,000 for the week that ended January 31, and employers announced 108,435 job cuts in January.
- Stocks extended losses after the labor data, with the Dow down 637 points, despite strong GDP growth from July through September.
- Looking at monthly trends, employers have added far fewer jobs than during the boom, and Elizabeth Renter said the hiring recession 'isn't going to end anytime soon' as monthly gains since March are about 28,000, far below the 400,000 in the 2021–23 period.
Insights by Ground AI
Podcasts & Opinions
111 Articles
111 Articles
The number of job openings decreased in professional and business services
·Belgrade, Serbia
Read Full Article
There are more unemployed people than job openings right now
The latest JOLTS report is bleaker than expected. There were 6.5 million job openings across the U.S. economy in December, down nearly 400,000 from the previous month. This misaligned labor market is especially prominent in the services sector. In this episode, what's next for employment and which groups in particular are struggling to find work. Plus: The U.S. lags behind China in electrical capacity expansion, bankers show reluctance to lend t…
Coverage Details
Total News Sources111
Leaning Left20Leaning Right11Center49Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
L 25%
C 61%
14%
Factuality
To view factuality data please Upgrade to Premium
