8.1 million U.S. job openings in May despite slowing economic growth and high interest rates.
U.S. job openings increased to 8.1 million in May, despite efforts to cool the labor market through high interest rates. This rise signals continued demand for workers, despite economic growth slowing to 1.4% from January to March. The unexpected growth in job openings highlights a resilient labor market.
July 02, 2024
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