United States Job Openings

03.10.23

The number of job postings fell by 338,000 from the previous month to 8.827 million in July 2023, marking the lowest level since March 2021 and falling below the market consensus of 9.465 million. It also represented the third consecutive month of declines in job opportunities, indicating that the job market is gradually slowing after months of unprecedented monetary policy tightening by the Fed

The number of job openings rose by 690,000 from the previous month to 9.61 million in August 2023, well above the market consensus of 8.8 million and indicating a robust labor market despite the Fed's unprecedented monetary policy tightening measures.