With 54,000 fewer estimated open positions in August* and a slight increase in hires over July, the gap between the number of openings and the number of job seekers is getting smaller.
That might signal the state labor market's "churn" is slowing, said Purdue Fort Wayne economist Zafar Nazarov. As employers shrink job offerings to react to inflationary pressures, he said, workers are likely starting to find and select jobs faster and stick with them.