SS: job market, continued concerns over economic fragility and effects of corrosive uncertainty for trade and monetary policy
> The number of open jobs in the US economy fell by nearly one million last year, evidence of how demand for workers has sputtered in an uneven labor market. In December, there were just over 6.5 million open positions, down from about 7.5 million at the end of 2024, according to the Labor Department’s monthly report on job openings and labor turnover. Four years ago, at the height of the post-pandemic economic boom, openings peaked at more than 12 million.
> The JOLTS report brought other signs that while the labor market has weakened, it hasn’t collapsed. The number of people who were hired into new jobs improved slightly in December to 5.3 million, and was roughly unchanged from a year ago. December also brought a slight increase in the tally of people who left their job voluntarily, typically a healthy sign that workers are finding new opportunities.
> Layoffs ticked higher at the end of last year, but remain relatively subdued overall. The layoff rate ended 2025 at 1.1%, roughly unchanged from a year ago. The December JOLTS report was rescheduled from earlier in the week after a brief partial government shutdown closed the Labor Department on Monday and Tuesday. The shutdown also shifted back the release of the January jobs report. Those numbers, previously scheduled for Friday, will now be out on Wednesday, Feb. 11.
seanrm92 on
Is that good?
atierney14 on
I’m surprised it isn’t higher with the uncertainty Trump has brought. I think everyone has just accepted he is an old man yelling at the clouds and ignore his rhetoric and just straight copium that his ideas aren’t implemented.
If the Supreme Court rules that Trump can continue to fuck world trade by his own discretion, I imagine that would be the final straw that might collapse any long term planning.
Greatest-Comrade on
It feels like the world is waiting for the other shoe to drop and it’s just not. Instead of recession we get this economic slog.
10 Comments
SS: job market, continued concerns over economic fragility and effects of corrosive uncertainty for trade and monetary policy
> The number of open jobs in the US economy fell by nearly one million last year, evidence of how demand for workers has sputtered in an uneven labor market. In December, there were just over 6.5 million open positions, down from about 7.5 million at the end of 2024, according to the Labor Department’s monthly report on job openings and labor turnover. Four years ago, at the height of the post-pandemic economic boom, openings peaked at more than 12 million.
> The JOLTS report brought other signs that while the labor market has weakened, it hasn’t collapsed. The number of people who were hired into new jobs improved slightly in December to 5.3 million, and was roughly unchanged from a year ago. December also brought a slight increase in the tally of people who left their job voluntarily, typically a healthy sign that workers are finding new opportunities.
> Layoffs ticked higher at the end of last year, but remain relatively subdued overall. The layoff rate ended 2025 at 1.1%, roughly unchanged from a year ago. The December JOLTS report was rescheduled from earlier in the week after a brief partial government shutdown closed the Labor Department on Monday and Tuesday. The shutdown also shifted back the release of the January jobs report. Those numbers, previously scheduled for Friday, will now be out on Wednesday, Feb. 11.
Is that good?
I’m surprised it isn’t higher with the uncertainty Trump has brought. I think everyone has just accepted he is an old man yelling at the clouds and ignore his rhetoric and just straight copium that his ideas aren’t implemented.
If the Supreme Court rules that Trump can continue to fuck world trade by his own discretion, I imagine that would be the final straw that might collapse any long term planning.
It feels like the world is waiting for the other shoe to drop and it’s just not. Instead of recession we get this economic slog.
Obligatory: Are we great yet?
https://preview.redd.it/op1j5l800qhg1.jpeg?width=664&format=pjpg&auto=webp&s=82326f773a8bf528b7f76d5200588f26c8b34f3c
https://preview.redd.it/gw6t5p9g2qhg1.jpeg?width=1096&format=pjpg&auto=webp&s=e3aebbd7417c477325a3ae23ec2fbb1f634d4f48
Just this week Amazon, UPS, WaPo and Pinterest are alll shedding jobs. I dont see a reprieve in the near future
Trump’s America.
Too much winning. We can’t take it anymore.