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U.S. Job Openings Hit 3-Year Low Amid Market Cooldown

1 min read
Source: CNN
U.S. Job Openings Hit 3-Year Low Amid Market Cooldown
Photo: CNN
TL;DR Summary

Job openings in the US fell to a three-year low in April, with 8.06 million available jobs, down from 8.36 million in March. This decline signals a cooling labor market, with the lowest job seeker ratio since June 2021. The Federal Reserve aims to see demand soften and inflation slow before cutting rates. Other labor turnover measures showed minimal changes, with layoffs at their lowest since December 2022.

Topics:business#economy#federal-reserve#job-openings#labor-market#us
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  1. Job openings fall to new 3-year low  CNN
  2. Job openings fall to lowest level since February 2021  Yahoo Finance
  3. Stock Market Today: Dow Turns Higher; GameStop, Nvidia, AMC, Intel, Tesla, GitLab, and More Movers; Oil Falls After OPEC Move; India Stocks Tank  Barron's
  4. Job openings in U.S. fall to 3-year low as labor market cools off  MarketWatch
  5. Breaking: US JOLTS Job Openings decline to 8.059 million in April vs. 8.34 million forecast  FXStreet

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