Author Topic: US job openings fall to 6.5M, fewest since 2020, as labor market remains sluggish  (Read 175 times)

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Online mystery-ak

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US job openings fall to 6.5M, fewest since 2020, as labor market remains sluggish

U.S. job openings fell to the lowest level in more than five years, another sign that the American labor market remains sluggish
ByPAUL WISEMAN AP economics writer
February 5, 2026, 9:16 AM

WASHINGTON -- U.S. job openings fell to the lowest level in more than five years, another sign that the American labor market remains sluggish.

The Labor Department reported Tuesday that vacancies fell to 6.5 million in December — from 6.9 million in November and the fewest since September 2020. Layoffs rose slightly. The number of people quitting their jobs — which shows confidence in their prospects — was basically unchanged at 3.2 million.

December openings came in lower than economists had forecast.

The economy is in a puzzling place. Growth is strong: Gross domestic product — the nation’s output of goods and services — advanced from July through September at the fastest pace in two years. But the job market is sluggish: Employers have added just 28,000 jobs a month since March. In the 2021-2023 hiring boom that followed COVID-19 lockdowns, by contrast, they were creating 400,000 jobs a month.

Economists are trying to figure out if hiring will accelerate to catch up to strong growth or if growth will slow to reflect a weak labor market or if advances in artificial intelligence and automation mean that the economy can roar ahead without creating many jobs.

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https://abcnews.go.com/Business/wireStory/us-job-openings-fall-65-million-fewest-2020-129884814
Democrat Party...the Party of Infanticide

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Online Smokin Joe

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Comparing the post COVID lockdown labor market to now is comparing apples to oranges.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline catfish1957

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Worth noting that today is the first day in history that the DJIA touched 50K,
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Offline DB

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Comparing the post COVID lockdown labor market to now is comparing apples to oranges.

Yep. There was a lot of economic destruction and a fundamental realignment to how people wanted to work. Reality still hasn't fully reemerged.
Those who can be made to believe absurdities can be made to commit atrocities. --Voltaire

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Rasmussen has Trump's approval underwater by 16 points.

Online Smokin Joe

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Rasmussen has Trump's approval underwater by 16 points.
The PSYOP is working...
(hear the drum?)

Hate Trump...Hate Trump...shoot yourself in both feet...Hate Trump...Hate Trump...Hate Trump...vote a rabid totalitarian in for Governor...Hate Trump...Hate Trump...Hate Trump...let foreigners rob you blind...Hate Trump...Hate Trump...Hate Trump...

It just doesn't stop.

RESIST.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline Fishrrman

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There's a relatively shrinking cohort of people to which "the economy" still matters somewhat.

But the days of james carville's exclamation, "it's the economy, stupid!"... are all-but gone.

These days, "it's the ideology, baby".

Someone else wrote that -- contrary to the old saw that "all politics is local" -- "all politics [now] is NATIONAL".

That's the way it is, for a growing majority on both sides.
On the verge of the American breakup or a second civil war, I don't see what could return it back to the way it used to be.