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There may not be a jobs report at all this week — so economists are homing in on this data instead
['Cnn Newsource']
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Job openings as a share of total employment remain at five-year lows, Bureau of Labor Statistics data shows.
Tuesday’s data further confirmed that the US job market has grown increasingly stagnant.
“The job market has been frozen for close to a year now, and it appears to be getting worse for job seekers.
Recent months’ data has shown the “low-fire, low-hire” environment to be even more anemic than previously thought, stoking concerns that the labor market is cracking.
Separate data released Tuesday showed that the slowing labor market is also taking a toll on Americans’ attitudes toward the economy.