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Message   VRSS    All   America is in a Serious Jobs Slump   September 3, 2025
 12:00 PM  

Feed: Slashdot
Feed Link: https://slashdot.org/
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Title: America is in a Serious Jobs Slump

Link: https://news.slashdot.org/story/25/09/03/1502...

For the first time in more than four years, there are fewer open jobs in the
U.S. than there are job seekers. CNN: "This is a turning point for the labor
market," Heather Long, chief economist at Navy Federal Credit Union, wrote
Wednesday. "It's yet another crack." The number of job openings fell to an
estimated 7.18 million at the end of July, according to Bureau of Labor
Statistics data released Wednesday. Job openings not only are at their lowest
level in 10 months, but they're also below the number of unemployed workers
(at 7.2 million) for the first time since April 2021.

Read more of this story at Slashdot.

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