The latest US labor market data has been released, and the situation is more severe than expected.



The number of job openings has dropped directly to 7.146 million. Compared to last month, there are 300,000 fewer positions in just one month. This is the lowest point since the COVID-19 pandemic, enough to demonstrate the冷淡程度 of the hiring market.

Looking at the job vacancy ratio, it remains at 1.1. In other words, each job seeker can only find 1.1 open positions on average. It sounds not bad, but compared to the pre-pandemic scene of job oversupply, it is now clear that job seekers have the upper hand. Hiring demand in the private sector has been shrinking, and there are no signs of this trend stopping.

Industry differentiation is beginning to show. Retail has increased hiring due to seasonal factors, while healthcare services have cut jobs. Interestingly, the construction industry has suddenly shown signs of a rebound. However, this rebound is a temporary industry fluctuation, and whether it signals a genuine economic recovery remains to be seen.
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PanicSeller69vip
· 01-11 03:09
300,000 jobs disappeared in just one month, how cold is that... --- Job seekers finally have bargaining power, and capitalists will also taste what it's like to be chosen --- Construction industry rebound? Don't get excited yet, this might just be a temporary flash --- The 1.1 ratio sounds okay, but the real difficulty in finding a job cannot be reflected by this number --- Medical layoffs, medical layoffs, the excuses for layoffs here are becoming more and more ridiculous --- The aftermath of the Federal Reserve's crazy rate hikes is here, now it's time to be afraid --- Seasonal hiring increase? Ha, this is their only good news
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WalletDetectivevip
· 01-10 00:11
Damn, 300,000 jobs disappeared in just a month. This pace is really a bit scary. Is the construction industry rebounding? I think it's just releasing the suppressed demand from earlier. Don't be fooled. The 1.1 ratio sounds okay, but that's just an illusory boom. Job seekers have already felt the chill. The divergence between retail and healthcare is very interesting, indicating that the economy is really adjusting, not a full-blown recession. The key is that private sector hiring continues to shrink, and that's the core issue. Everything else is just superficial. This wave really requires some patience. Make your plans early, everyone.
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BlockBargainHuntervip
· 01-09 12:11
7.14 million jobs, is the Federal Reserve's printing press really about to stop? --- I knew it, private sector hiring has been shrinking all along, and this wave might really lead to adjustments. --- Construction rebound? It feels more like yesterday's news. --- The 1.1 job ratio sounds okay, but job seekers probably aren't laughing. --- Cutting jobs in healthcare is interesting; is it really cost-cutting or is there another hidden reason? --- It's seasonal good news again, or just temporary fluctuations; nothing seems certain. --- This data release means the crypto market will have to reprice. --- 30,000 jobs lost in a month, that's really a bit terrifying. --- I believe in increased retail hiring, but I'm worried that after Black Friday, there will be another wave of layoffs.
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SnapshotDayLaborervip
· 01-09 03:44
7.14 million jobs, losing 300,000 in a month—how cold is that? --- Wait, a rebound in the construction industry? What's going on, and is this another new scam? --- 1.1 times? Sounds okay... No, this is already a sign of collapse. --- The private sector has been shrinking all along, and now there's really no work to do. --- Cutting jobs in healthcare is truly outrageous; this industry was already short of people. --- Zero retail seasonal hiring increase is purely an illusion; wait until winter passes and see. --- Job seekers have the upper hand? Laughable, there's simply no room for choice. --- Once this data is out, large companies will probably continue to cut salaries... --- The construction industry suddenly showing signs of recovery? I think it's just a temporary rebound. --- The lowest point since the COVID-19 outbreak—people should wake up now.
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HodlOrRegretvip
· 01-08 22:44
7,146,000 jobs, a drop of 300,000 in just one month. The US job market is a sinkhole. Signs of economic peak are becoming more obvious. Are there still people calling for a reversal? A rebound in construction? It's just a flash in the pan. Let's wait and see.
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AltcoinHuntervip
· 01-08 22:43
It's another signal that the US stock market might decline. The slowdown in hiring definitely indicates macro issues. I'm actually interested in the construction sector rebound—could it be that some infrastructure projects have been initiated? I think it depends on how the Federal Reserve acts. If this data drops significantly, there might still be hope by the end of the year... What do you all think? Is this a sign to start bottom-fishing? Wait, layoffs in healthcare? Is this sector really that aggressive? 7.146 million jobs can still be maintained for a long time, which shows some confidence. But if it's really cooling down, that's concerning—30,000 jobs lost per month is a bit alarming. From a technical perspective, with the macro breaking downwards like this, we need to be cautious. That previous rebound might have been a trap. Now, it's time to think about how to bottom-fish rather than follow the trend and cut losses. It's unreasonable for retail hiring to increase again... Is it the Double 11 effect, or is there a data issue? The logic seems a bit off. Are we really starting to build a bottom? If so, will there be a major adjustment by the end of next year? That might be the best time to get in.
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YieldFarmRefugeevip
· 01-08 22:33
Wow, 300,000 jobs are gone in a month, does the Federal Reserve still need to continue raising interest rates? --- The job market is so cold, it feels like the wave of layoffs at big companies is far from over. --- The 1.1 vacancy ratio sounds okay, but it's actually a cliff-like decline. --- Rebound in the construction industry? I think it's just a flash in the pan. Where are the real signs of recovery? --- The private sector’s hiring demand is shrinking, which everyone understands what that means. --- Laying off in healthcare services? Is this industry so competitive? --- 7.146 million vacancies, it feels like it’s about to drop below 7 million. --- Job seekers have the upper hand? Ha, the advantage is relative; the absolute numbers are still hard to find. --- Each job seeker has 1.1 positions, sounds good but it's already quite grim. --- There are no signs of this trend stopping; it will probably get worse in the second half of the year.
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SeasonedInvestorvip
· 01-08 22:33
Falling again? 300,000 jobs just disappeared, this pace is a bit frightening. --- The 1.1 ratio sounds good, but this is probably just the beginning of decline. Job seekers finally have the upper hand. --- Rebound in construction? I feel like it's just a flash in the pan. Don't be fooled. --- Cutbacks in healthcare? Where are they pushing us? --- Private sector hiring freezes are endless. Brothers in the financial circle, you better hold on tight. --- 714.6 million is considered a low point. Could it go even lower next month? I'm a bit worried. --- Seasonal hiring increases can't save retail; it's still just a false fire. --- From the explosion of jobs after the pandemic to the current cool-down, the speed is really fast, and wallets are shrinking too. --- Sudden improvement in construction? Could it be that a major infrastructure project has started? --- The 1.1 times ratio is the most dangerous kind of "balance." It looks calm but is actually full of hidden currents.
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OnchainDetectivevip
· 01-08 22:32
Wait, I need to take a close look at this data—7.146 million job vacancies, evaporating 300,000 in just a month. The logical chain behind this is quite interesting. The Federal Reserve is still stubbornly holding on to interest rates, but the hiring market is quietly weakening. Is this signal indicating something unusual? No, I need to investigate the sudden rebound in the construction industry. Could it be related to some large funds quietly positioning? Is it really just seasonal fluctuation? Medical service layoffs are declining while retail is growing. Is there some kind of shift behind this divergence that we haven't discovered yet? We need to continue tracking the flow of data.
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ChainPoetvip
· 01-08 22:26
Damn, 300,000 jobs gone in just a month, this layoffs speed is really incredible. Are job seekers singing the song of the emancipated serfs? The construction industry rebounding is just seen as a recovery signal, but that's overestimating it, buddy. After the Federal Reserve's series of measures, few can really survive. Everyone is looking at the 1.1 figure, but I only see big companies still frantically laying off staff.
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