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Hot U.S. employment market shows signs of cooling

Por: Los Angeles Times Business May 12, 2023

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The hot job market has been defying a weakening economy and confounding the Federal Reserve for months, but it now shows signs of cooling. The latest set of employment data from the government shows that job openings fell in March to their lowest level since April 2021. Layoffs rose to 1.8 million, the most since December 2020. Employers are also slowing the pace of hiring. The government lowered its hiring figures for February and March,... + full article



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