REPORT: Job openings slide to a two-year low as labor market gets tighter

Sign up for our newsletter
BY TEAM DML / FEBRUARY 11, 2020 /

GET the DML NEWS APP (FREE) Click Here

Below is a report that DML News App gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by CNBC:

Job openings tumbled again in December to their lowest level in two years, according to Labor Department data released Tuesday.

With unemployment remaining around a 50-year low, the labor market tightened again as 2019 came to a close. Total vacancies now at 6.4 million, down from nearly 6.8 million in November. Wall Street estimates had been for about 6.9 million.

The article goes on to state the following:

Vacancies continued to decline in manufacturing with a 24% decline year-over-year.

VIDEO: Sanders Flips on His Promise to Release His Medical Records

The Department of Labor also reported on Monday that 225,000 new jobs were created in January.

To get more information about this article, please visit CNBC. To weigh in, leave a comment below.

DML News App offered you the above aggregated article preview as part of our ongoing effort to educate and inform people around the world about news, events, and politics. We encourage you to obtain additional information by visiting CNBC

Sign up for our newsletter

GET the DML NEWS APP (FREE) Click Here

Leave a comment

Your email address will not be published. Required fields are marked *