AGP Executive Report
Last update: 12 hours agoHiring Pulse (JOLTS): U.S. job openings edged up to 7.27 million in July, while layoffs fell and quits also declined—signaling a labor market that’s steady but not exactly booming. Fed vs. the job market: President Trump renewed pressure for lower rates, but Fed officials are warning they’ll act if inflation doesn’t cool, with markets pricing a higher chance of a September hike. Markets and paychecks: Rising oil and bond yields dragged stocks at the start of September, a reminder that borrowing costs can hit hiring and household budgets. Workforce opportunities: U.S. Customs and Border Protection is joining a DHS Career Expo in Buffalo to connect job seekers with mission-critical roles and USAJobs guidance. Local hiring wins: Kentucky’s Astemo Americas announced a $112M expansion creating 114 new jobs (with a larger potential total). Workplace trend: Gartner flags “regrettable retention,” where low turnover can hide underperformance because employees feel they can’t afford to leave. Fraud risk in hiring: A report says remote IT applications increasingly show North Korean fraud patterns, pushing employers to tighten screening. Skilled trades pipeline: A push for skilled trades and workforce expos highlights ongoing demand for workers with practical, job-ready skills.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.