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February JOLTS Report Shows Significant Drop in Job Openings.

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Source: Seeking Alpha
February JOLTS Report Shows Significant Drop in Job Openings.
Photo: Seeking Alpha
TL;DR

Job openings in the U.S. fell to 9.931 million in February, below the consensus estimate of 10.4 million, indicating a cooling job market. The job openings rate also declined from 6.4% to 6.0%. The largest decreases in job openings were in professional and business services, health care and social assistance, and transportation, warehousing, and utilities. However, the number of layoffs and discharges decreased to 1.504 million.

Topics:businessus-economy#economy#job-openings#jolts#labor-market#unemployment#us-economy
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  1. Job openings decline more than expected in February's JOLTS report  Seeking Alpha
  2. Job openings tumbled below 10 million in February for the first time in nearly two years  CNBC
  3. February job openings hit 9.93 million  Yahoo Finance
  4. Lowest Job Openings Since May 2021 Helping Bonds  Mortgage News Daily
  5. Stock Market Today: Dow Falls After JOLTS Data  Barron's

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