This post was originally published on this site.
We’ll provide commentary on the U.S. job market next week before Thanksgiving, but for now we want to publish our weekly U.S. job vacancies data for last week.
Last week, active U.S. job vacancies posted on company and employer websites globally dropped 1.1%, the 5th consecutive weekly decline. Since the election, labor demand in the U.S. has declined 15%.
Since April 1st, labor demand has dropped 12%.
Since April, labor demand has dropped in every single state in the country.
Since mid-September, labor demand has dropped significantly in both manufacturing and services.
And last week, labor demand fell in most sectors.
Over the past