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Job openings slid 10% in August in sign Fed could ease up on rate hikes

Por: New York Post Business October 05, 2022

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The number of available jobs in the US plummeted in August compared with July as businesses grow less desperate for workers, a trend that could cool . That is good news for the Federal Reserve in its efforts to bring down high prices . The government jobs report released Tuesday also showed that layoffs remained historically low, even after a modest increase in August. And overall hiring was essentially unchanged that month. Altogether, the... + full article



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