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2024-07-02 18:00:00

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 and Increased ...

US Job Openings Rise to 8.1 Million Despite Higher Interest Rates and Increased Layoffs
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#f15ab276 ver:0.31

Despite higher interest rates and increased layoffs, job openings in the US rose to 8.1 million in May. The labor market remains resilient, with stable hires, quits, and layoffs. This indicates that job growth will continue and consumer spending power will increase. The Federal Reserve will closely monitor the jobs report for confirmation that inflation is slowing. #USjobs #economy #FederalReserve...

#newstr #UsJobOpenings #Layoffs #HigherInterestRates #LaborMarket

https://here.news/story/f15ab276?ver=0.31
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