US job openings dip 11.3 million in February JOLTS report

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Job openings barely fell in February as the labor shortage remained historically intense

The labor shortage barely eased through February as hiring boomed and more Americans rejoined the workforce.Job Openings and Labor Turnover Survey

Openings fell the most in the finance and insurance sector, with such firms shedding 63,000 openings. Non-durable goods manufacturers followed with a 39,000-opening decline. The report offers new detail on just how well the labor market rebounded through February. The month's jobs report showed the US, blowing the median forecast for 440,000 new jobs out of the water. The unemployment rate also improved more than expected, sliding to 3.8% from 4% and resuming its steady decline to pre-crisis levels. Revisions to December and January payroll growth brought yet another rosy update and cut further into concerns that the Omicron wave dented job creation.

 

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Labour shortage or employers trying to pay poor wages? Asking for a friend.

由于劳动力短缺仍然是历史性的严重问题,2月份的就业机会几乎没有减少

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