U.S. job openings unexpectedly increase in September
86 Articles
86 Articles
Jump in U.S. job openings may jolt Fed yet again
By Howard SchneiderWASHINGTON (Reuters) – A jump in U.S. monthly job openings has thrown the Federal Reserve another confounding bit of data for its policy meeting this week, with more evidence that rapid interest rate increases have yet to bite hard in the real economy.New data released by the Bureau of Labor Statistics on Tuesday showed firms had 10.7 million job openings at the end of September, a jump of about half a million from August …
US job openings hit 10.7 million despite Fed attempts to cool economy
With so many jobs available, workers can afford to resign and seek employment that pays more or offers better perks or flexibility. So companies have been forced to raise wages to attract and keep staff. Higher pay has contributed to inflation that has hit 40-year highs in 2022.
The number of job openings rose unexpectedly in September, despite the Fed's aggressive actions
The number of available jobs in the United States increased in September, surprising economists who had expected the total to fall amid the Federal Reserve's aggressive action to cool the
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