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US job openings fall in February; hiring lowest since pandemic
Job openings, a measure of labor demand, decreased 358,000 to 6.882 million by the last day of February, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, or JOLTS report. Economists polled by Reuters had forecast 6.918 million unfilled jobs.
US Job Openings Fall in Feb; Hiring Lowest since Pandemic
Job openings, a measure of labor demand, decreased 358,000 to 6.882 million by the last day of February, the Labor Department's Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey, or JOLTS report. Economists polled by Reuters had forecast 6.918 million unfilled jobs. The job openings rate dropped to 4.2% from 4.4% in January.
US job openings fall in February; hiring lowest since pandemic
U.S. job openings fell more than expected in February and hiring dropped to the lowest level in nearly six years, government data showed on Tuesday.
Job Openings Fall More Than Expected in February
Job openings fell more than expected in February, settling at 6.882 million vacancies according to the latest Job Openings and Labor Turnover Survey (JOLTS). This represents a decrease of 358,000 from the previous month, the largest monthly decline since September 2024. The latest reading was lower than the expected 6.890 vacancies.
