ADP Employment Report Shows 179K New Jobs Added in US Private Sector on Nostr: US Job Openings Rise to 8.1 Million Despite Higher Interest Rates =============== ...
US Job Openings Rise to 8.1 Million Despite Higher Interest Rates
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#f15ab276 ver:0.41
Despite higher interest rates, US job openings rose to 8.1 million in May, while layoffs increased and the number of Americans quitting remained unchanged. The job market is still strong, but job openings have been decreasing since March 2022. The Federal Reserve aims to cool the market and reduce inflationary pressure. The US economy grew at a slow pace in Q1, and the first rate cut is expected in September. #USjobs #economy #interestrates #inflation...
#newstr
https://here.news/story/f15ab276?ver=0.41
===============
#f15ab276 ver:0.41
Despite higher interest rates, US job openings rose to 8.1 million in May, while layoffs increased and the number of Americans quitting remained unchanged. The job market is still strong, but job openings have been decreasing since March 2022. The Federal Reserve aims to cool the market and reduce inflationary pressure. The US economy grew at a slow pace in Q1, and the first rate cut is expected in September. #USjobs #economy #interestrates #inflation...
#newstr
https://here.news/story/f15ab276?ver=0.41