JOLTS Data Reflects Company Aspirations Amid Cooling Job Market

Reported 6 days ago

The latest JOLTS report shows a cooling job market, with a decrease in worker resignations and hiring rates, indicating workers’ hesitance to switch jobs. Kimberly Forrest describes JOLTS data as 'aspirational for companies,' as many job openings remain unfilled due to qualification mismatches. Despite these challenges, the declining figures could signal a shift in labor market dynamics.

Source: YAHOO

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