Investor Presentaiton

Labor Supply-Demand Imbalance is Improving: Decline in Job Openings The number of job openings has declined 20% from its peak of 12.0 million in March 2022 to 9.6 million as of August 2023 Number of Job Openings and Total Unemployed Persons in Labor Force | Figures in millions: 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2: 2.0 0.0 Aug-03 Aug-04 Aug-05 Aug-06 Aug-07 Aug-08 Aug-09 Aug-10 Aug-11 Aug-12 Aug-13 Aug-14 Aug-15 Aug-16 Aug-17 -Unemployed Persons (Household Survey) Aug-18 Aug-19 Aug-20 Aug-21 Aug-22 Aug-23 -Job Openings (JOLTS Survey) Source: Bureau of Labor Statistics (Job Openings and Labor Turnover Survey, Employment Report Household Survey) 9.6 6.4 5

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