February 11, 2025
While Trump has only been in office a short time he has been President-elect for three months now and it shows. One way it shows is in job openings.
Job openings posted the biggest drop in 14 months
Why? Because businesses are in a hurry to hire before the big expansion comes and because those who quit seeking work have returned to the labor force.
FTA:
Data for November was revised higher to show 8.156 million vacancies instead of the previously reported 8.098 million. Economists polled by Reuters had forecast 8.0 million unfilled positions. Vacancies were down 1.3 million over the year. They remain above the 2019 average.
It's now safe to hire people, and it's now worth looking for a job. Oh, and those who have been on permanent vacations now understand the gravy train is about to end.
As consumer confidence rises and businesses see economic growth and spur expansion we will see more and more job openings (plus we'll have a ot of openings when illegals leave). What this means is a job for everyone who wants one, and it will be a good job, too, not part time work as was common during the Biden era.
Posted by: Timothy Birdnow at
11:49 AM
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