Jolts Report Shows Little Job-Market Churn -- WSJ
Dow Jones2026/09/29 14:15By Matt Grossman
August brought another month of low-hire, low-fire balance for the labor market.
The pace of hirings, firings, quits and vacancies budged little last month, according to the Labor Department's survey of job openings and labor turnover published Tuesday.
The rate of layoffs declined slightly, to 1%, from 1.1% in July. And the hiring rate firmed slightly, to 3.3%, from 3.2% a month earlier.
But the rate of job openings declined to 4.3%, from 4.4% in July. And the rate of voluntary job quits was steady at 1.9%.
All told, the numbers paint the picture of a stable labor market with little churn-comfortable for those holding down a job, but frustrating for workers seeking new roles.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 29, 2026 10:15 ET (14:15 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Is the "slowdown" in data centers actually a boon? Dan Ives: The AI revolution will not be canceled; tech giants with existing computing power are now more valuable
The "blue wave" in the US midterm elections may slow down data center construction, but Dan Ives from the investment institution Yorkville Ives offers a counterintuitive perspective: supply contraction actually benefits Microsoft, Amazon, Alphabet, and Meta, which hold existing computing power.
Rocket Lab (RKLB.US) Q3 revenue up 73% year-on-year, surpassing expectations, with backlog reaching $3.57 billions
Rocket Lab reported a record revenue of $268 million in the third quarter, with its backlog of orders increasing by 52% quarter-on-quarter to $3.57 billion. The GAAP net loss widened to $79.7 million.
Crypto prices
More
