U.S. job openings unexpectedly rose last month, but the strong labor market numbers could lead the Federal Reserve to raise interest rates again in June. It is beginning to appear that the banking-sector crisis caused by the collapse of Silicon Valley Bank in March had little effect on employers’ strong demand for workers. Fed Chairman Jerome…
Large Number of Job Openings May Lead to Rate Hike
June 1, 2023
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Job Openings Fall to Lowest Level in Nearly 2 Years in February
U.S. job openings, a measure of labor demand, dropped to their lowest level in nearly two years in February, a potential sign that tight labor market conditions are finally easing. This could be good news for the Federal Reserve’s aggressive interest rate policy, as it considers whether to pause its cycle of rate hikes. However,…
Job Openings Ease, but Remain High Amid Fed’s Efforts to Dent Labor Market
Job openings in the United States inched down by around 350,000, to 10.3 million as of the last day of October, with the closely watched measure likely to get a lukewarm reception by Federal Reserve officials who have been trying to dent the labor market somewhat in their fight against runaway inflation. The latest readings…
Job Openings Keep Rising, On Pace to Set New Record: Indeed Hiring Lab
Real-time job openings data from Indeed Hiring Lab show the number of vacancies in the United States continuing to climb and on pace to hit a new record high when the government publishes official statistics next month. There were an estimated 11.6 million job openings in the United States as of Sept. 24, according to…
Job Openings Keep Rising, on Pace to Set Record: Indeed Hiring Lab
Real-time job openings data from Indeed Hiring Lab show the number of vacancies in the United States continuing to climb and on pace to hit a record high when the government publishes official statistics next month. There were an estimated 11.6 million job openings in the United States as of Sept. 24, according to an…
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