(AP Photo/Lynne Sladky) Unemployment dipped slightly and wages grew, but a drop in job openings and labor force participation show that the job market is cooling off.
The Bureau of Labor Statistics released its September jobs report Friday morning. Employers added 263,000 jobs in September , and unemployment fell from 3.7 percent to 3.5.
But the labor force participation rate also dipped slightly, falling to 62.3 percent in September from 62.4 percent the month prior. On top of that, the number of job openings also fell, dropping about 10 percent.Via the Wall Street Journal : “We are seeing labor demand cool,” […]
Read the rest of this story here: redstate.com
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