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[BUSINESS] · United States · 20 sources

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Part of situation: US labor market shows cooling amid low-hire, low-fire trends (29 clusters)

U.S. job openings fall to 7.08 million in August

JOLTS report job openings U.S. labor market Bureau of Labor Statistics employment data

U.S. job openings fell to approximately 7.08 million in August, down from a revised 7.34 million in July, according to the Bureau of Labor Statistics Job Openings and Labor Turnover Survey (JOLTS). This figure fell below market expectations and represents the lowest level of openings since March.

Sector-specific data showed a significant plunge in real estate, rental, and leasing job openings, which dropped to 50,000 in August. Construction sector openings also declined to 251,000, though this remains higher than the previous year. Conversely, the manufacturing sector saw a rise in hiring, and the information sector showed an unexpected increase in job openings.

Despite the decline in vacancies, the broader labor market showed signs of resilience. Layoffs and discharges decreased by 61,000 to 1.641 million, and the number of people voluntarily quitting their jobs remained stable at approximately 3.1 million. The job openings rate declined to 4.3 percent from 4.4 percent in July. Forecasters suggest the unemployment rate likely held steady at 4.1 percent.

Entities

Bureau of Labor Statistics · Conference Board · FactSet · Federal Reserve · Kalshi · Labor Department · U.S. Department of Labor · U.S. Labor Department · United States

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Signs of Economic Rebound: US Private Employers Add 90,000 Jobs as Labor Market Stabilizes [www.indiaweekly.biz]
Private Payrolls Reaccelerate in September, Complicating the Case for Fed Rate Cuts [www.channelchek.com]
Record Plunge In Real-Estate Job Opening Sends JOLTS Sharply Lower, Hints At Ugly Jobs Report [nemosnewsnetwork.com]
Manufacturing PMI jumped to 55. 1, a seven-month high, and factories started hiring again [pagalparrot.com]
Compensation Benchmarking Can Work Best When Data, Job Fit, and Business Context Align [www.ibtimes.com]
ABD'de açık iş sayısı Ağustos’ta 7,1 milyona geriledi [paratic.com]
August Construction Job Openings [contractorsupplymagazine.com]
US job openings fall in August; layoffs remain low [www.businesstimes.com.sg]
U. S. job openings slipped to 7. 1 million in August but labor market remains sturdy [mymotherlode.com]
ADP：9月美私企新增9萬就業崗位 超預期 [www.epochtimes.com]
Se agregaron 90,000 puestos de trabajo en el sector privado en septiembre: ADP - La Opinión [laopinion.com]
Kalshi traders predict US added over 90,000 jobs in September [cryptobriefing.com]
U. S. job openings slipped to 7. 1 million in August but labor market remains sturdy [www.whec.com]
August Construction Job Openings [eyeonhousing.org]
U. S. job openings slipped to 7. 1 million in August but labor market remains sturdy [krmg.com]
Private Sector Had Blockbuster September: 'Strong Report' [townhall.com]
US job openings fall to five-month low in August; layoffs remain subdued [www.news18.com]
Manufacturing Hiring Picks Up, Openings Remain Strong, Quits Rise [www.breitbart.com]
U. S. job openings slipped to 7. 1 million in August but labor market remains sturdy [www.newsday.com]
U. S. job openings slipped to 7. 1 million in August but labor market remains sturdy [kstp.com]