US job openings hit 2-year low as fewer people quit.
TL;DR Summary
US job openings fell to a nearly two-year low of 9.6 million in March, indicating a cooling off of the labor market. However, competition for workers remains intense, adding to upward pressure on wages and inflation. Job listings declined from a revised 10 million in February, and fewer people are quitting their jobs for the third month in a row.
- U.S. job openings fall to nearly 2-year low of 9.6 million. Fewer people are quitting, too. MarketWatch
- Job openings tumble to lowest point in nearly two years CNN
- Job openings declined to 9.59 million in March CNBC Television
- Job openings fell more than expected in March to lowest level in nearly two years CNBC
- Job openings fall to lowest level since April 2021 Yahoo Finance
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