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U.S job openings climb to 11 million at end of 2022. Labor market too strong for Fed

Por: MarketWatch Politics February 01, 2023

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The number of job openings is seen as a cue on the health of the labor market and broader U.S. economy. Job postings are still quite high even though they have retreated from a record 11.9 million last spring. Normally that’s great news, but the Federal Reserve wants to see job openings decline even further and loosen up a tight labor market. A shortage of workers threatens to keep wage growth high and make it harder for the Fed to tame... + full article



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