Wall Street Journal: Jobs Recovery Shows Signs of Slowing as Virus Surges

“Job openings have declined in most industries, including restaurants, finance and construction, since mid-June, according to Burning Glass Technologies, a real-time data company. Job postings only grew in retail, transportation and warehousing, and wholesale-trade sectors over that period.

Since mid-June and throughout the pandemic, job openings have fallen particularly steeply in industries that develop new products, such as engineering, information technology and science. As companies pull back on these roles, that could lead to delays in product launches and ultimately hinder the economic recovery, said Matt Sigelman, chief executive officer at Burning Glass.”

Read more.