Job Openings Drop: What That Means For A Recession

Published: Oct. 4, 2022, 9:18 p.m.

b'Stability in other key JOLTs metrics reassures the drop in job openings, says Mark Hamrick. He and Erik Lundh discuss how job openings dropped by 10% in August. They also talk about what the job openings drop means for recession predictions. Erik notes that we may see job opening growth in May start to slow. They then go over what a slowing labor market means for the Fed. Tune in to find out more about the stock market today.'