The occupation market’s ‘game of musical chairs’ might be slowing — but employees even now have energy, say economists

The occupation market’s ‘game of musical chairs’ might be slowing — but employees even now have energy, say economists


Vital Details
  • Task openings fell to 10.1 million in August, a 1.1 million decrease from July, according to the U.S. Department of Labor JOLTS report issued Tuesday.
  • Having said that, occupation openings and voluntary task quitting stay large by historic requirements although layoffs are very low.
  • Whilst the labor market place appears to be cooling as the Fed carries on to elevate desire charges, employees however have bargaining electricity, economists explained.



Supply

Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more
Finance

Stocks making the biggest moves midday: Amazon, Reddit, Pinterest, Sysco & more

Check out the companies making headlines in midday trading: Amazon — The e-commerce giant said it would sunset its Fresh and Go brick-and-mortar store, marking a pivot in its grocery strategy . Amazon shares rose more than 1% in midday trading, while shares of rival grocers were lower. Kroger and Albertsons shares were both down […]

Read More
Stocks making the biggest moves premarket: Humana, Corning, General Motors, Boeing & more
Finance

Stocks making the biggest moves premarket: Humana, Corning, General Motors, Boeing & more

Check out the companies making headlines before the bell: UnitedHealth , Humana , CVS Health — The medical insurance stocks dropped after the Centers for Medicare & Medicaid Services released a proposal to raise 2027 Medicare Advantage payment rates by just 0.09%, far lower than expectations for a 4-6% increase, according to FactSet. Shares of […]

Read More
Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore
Finance

Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore

Key Points What began as a dramatic short squeeze in early 2021 has evolved into a persistent force in equity markets. Retail participation in U.S. equities has risen to nearly 20% of average daily trading activity, up from low single digits before Covid. Retail investors’ influence is reinforced by a favorable backdrop of rising stocks […]

Read More