US Job Openings Disappearing at Alarming Rate!

The Job Openings and Labor Turnover (JOLT) Report was issued today by the US Bureau of Labor Statistics and it showed that 605,000 job openings were eliminated in the month of June. That's the third fastest decline in job openings in history, behind only the first two months of the pandemic collapse. This shows that Jerome Powell and the Federal Reserve are getting exactly what they want: job destruction! Meanwhile the Great Resignation continues at a pace of over 4.2 million people quitting their job every month.

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#JOLT #JobMarket #EndTheFed #MelonHead #jobopenings #greatresignation