PAUL WISEMAN
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
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Recent Articles
US Job Openings Fall to 2-1/2-Year Low as Labor Market Cools
Broke On: Tuesday, 05 December 2023US job openings fell to a 2-1/2-year low in October, indicating a cooling demand for labor. The number of job openings dropped by 617,000 to 8.733 million, the lowest level since March 2021. The decline in job openings was led by the health care and social assistance sector, with unfilled jobs dropping by 236,000. The state of the labor market is closely monitored by the Federal Reserve as it considers its interest rate policy. Hiring has slowed, but employers have added 239,000 jobs per month this year. The unemployment rate has remained below 4% for 21 consecutive months.