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US Job Openings Climb to 7 Million, Exceeding Forecasts Despite Slow Labor Market
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US Job Openings Surge to 7 Million in January Amidst Sluggish Market
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CNBC TV18
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14-03-2026, 00:31
US Job Openings Surge to 7 Million in January Amidst Sluggish Market
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US job openings rose to 6.95 million in January, exceeding expectations despite a generally sluggish labor market.
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This marks an increase from 6.55 million in December, with layoffs slightly falling and job quits modestly slipping.
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Actual hiring remains low, with 92,000 jobs cut last month and 2025 seeing the weakest hiring since 2002 outside recessions.
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High interest rates, President Donald Trump’s policies, AI adoption, and the war in Iran contribute to economic uncertainty.
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Economic growth slowed sharply to 0.7% in Q4 2025, down from 4.4% in Q3, indicating a 'hiring recession'.
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