Are you worried about the job market? From March to April 2024, job openings dropped from 8.36 million to 8.06 million, as reported in the latest JOLT Report. March’s numbers were also revised down from 8.5 million.

Critics call this stagflation—slow growth, high unemployment, and inflation. But with unemployment below 4%, others argue the economy is stable. The labor force participation rate tells a different story, showing a large group of people not actively seeking work.

Even if they return, job openings are shrinking. Full-time jobs are down, part-time jobs are up. What does this mean for you?

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