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Drop in job openings could pause further interest rate hikes

Por: 10 WBNS Nation October 05, 2022

WASHINGTON — The number of available jobs in the U.S. 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 . 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 data... + full article



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