U.S. job openings unexpectedly increase in September
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.
Job openings hit 10.7M despite Fed attempts to cool economy
U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the inflation fighters at the Federal Reserve hoped. Employers posted 10.7
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 economy.
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