{"id":183822,"date":"2025-12-10T00:01:13","date_gmt":"2025-12-10T00:01:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/183822\/"},"modified":"2025-12-10T00:01:13","modified_gmt":"2025-12-10T00:01:13","slug":"jolts-a-mixed-bag","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/183822\/","title":{"rendered":"JOLTS: A mixed bag"},"content":{"rendered":"<p>Summary<\/p>\n<p>The JOLTS data for September and October were a mixed bag. On the positive side, openings jumped from 7.2 million in August to 7.7 million in October, an encouraging pop that brought openings per unemployed worker back to roughly a 1:1 ratio. That said, the quits rate dropped to 1.8%, its lowest reading since the depths of the pandemic in 2020. The layoff rate also inched higher to 1.2% in October. Although this remains low by historical standards, it matched the highest monthly reading since the pandemic ended.<\/p>\n<p>On balance, the jump in openings is a positive sign that suggests some stabilization in labor demand during the fall months, but the underlying details suggest workers currently face a labor market that is slightly on the wrong side of full employment.<\/p>\n<p><img alt=\"\" loading=\"lazy\" width=\"949\" height=\"727\" decoding=\"async\" data-nimg=\"1\" class=\"\" style=\"color:transparent\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/173910_3c7c32fd-4473-49c3-9109-b3b159d6303c-1765303595742-1765303595742.svg\"\/><\/p>\n<p><a href=\"https:\/\/externalcontent.blob.core.windows.net\/pdfs\/pdfs\/WellsFargo09122025.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Download the Full Report!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Summary The JOLTS data for September and October were a mixed bag. On the positive side, openings jumped&hellip;\n","protected":false},"author":2,"featured_media":147078,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-183822","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/183822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=183822"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/183822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/147078"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=183822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=183822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=183822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}