US Job Openings Hit Five-Year Low in December Amid Weakening Labor Market.
A report from the Bureau of Labor Statistics revealed that job openings plummeted to a five-year low in December, reaching 6.542 million β the lowest level since September 2020. The data for November was also revised downward to show 6.928 million job openings, less than the forecast of 7.20 million. On the other hand, hiring increased by 172,000 positions to a still-low 5.293 million in December.
The decline in job openings reflects a softening labor market at the end of 2025. Economists polled by Reuters had predicted that unfilled jobs would remain steady. However, despite this increase, there are signs of underlying stability within the labor market.
Additionally, data from the Bureau of Labor Statistics showed an unexpected rise in Americans filing for unemployment benefits last week, with initial claims increasing to a seasonally adjusted 231,000 for the week ended January 31. This uptick was partly attributed to snowstorms and freezing temperatures across the country, which temporarily left some individuals without jobs.
Experts see no signs of mass layoffs in a weakening labor market during the early stages of recession, citing low unemployment claims levels within recent years. However, analysts also acknowledge that volatility from the holiday season has had an impact on data accuracy, potentially leading to fluctuations in jobless claims numbers.
The US government's latest shutdown is expected to delay Friday's jobs report, which will provide a clearer picture of the labor market.
A report from the Bureau of Labor Statistics revealed that job openings plummeted to a five-year low in December, reaching 6.542 million β the lowest level since September 2020. The data for November was also revised downward to show 6.928 million job openings, less than the forecast of 7.20 million. On the other hand, hiring increased by 172,000 positions to a still-low 5.293 million in December.
The decline in job openings reflects a softening labor market at the end of 2025. Economists polled by Reuters had predicted that unfilled jobs would remain steady. However, despite this increase, there are signs of underlying stability within the labor market.
Additionally, data from the Bureau of Labor Statistics showed an unexpected rise in Americans filing for unemployment benefits last week, with initial claims increasing to a seasonally adjusted 231,000 for the week ended January 31. This uptick was partly attributed to snowstorms and freezing temperatures across the country, which temporarily left some individuals without jobs.
Experts see no signs of mass layoffs in a weakening labor market during the early stages of recession, citing low unemployment claims levels within recent years. However, analysts also acknowledge that volatility from the holiday season has had an impact on data accuracy, potentially leading to fluctuations in jobless claims numbers.
The US government's latest shutdown is expected to delay Friday's jobs report, which will provide a clearer picture of the labor market.