Job openings rise to 10.1 million, labor market stays strong
- U.S. Job openings rose unexpectedly to 10.1 million in April, indicating a resilience in the labor market.
- The number of layoffs fell, but the number of quits dropped to the lowest level since March of 2021.
- The Federal Reserve's efforts to combat inflation have been complicated by the growing number of job openings, and many economists expect a recession to start later this year.
46 Articles
46 Articles
U.S. job openings hit 10.1 million and labor market stays strong despite efforts to cool economy
U.S. job openings rose unexpectedly in April a sign the American labor market remains surprisingly resilient as the Federal Reserve pushes interest rates higher to combat inflation.
U.S. job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy
U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.7 million in March and the most since January, the Labor Department said Wednesday. Economists had expected…
Oklahoma high court strikes down 2 abortion bans; procedure remains illegal in most cases
OKLAHOMA CITY (AP) — The Oklahoma Supreme Court ruled on Wednesday that two state laws banning abortion are unconstitutional, but the procedure remains illegal in the state in most cases.
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