US job openings rose in December, pointing to a still-durable labour market
Tuesday, 30 January 2024 Despite higher interest rates, job openings in the US increased to 9 million in December, signaling a resilient job market. Layoffs also rose, but the number of Americans quitting their jobs decreased. The Federal Reserve aims to cool down the job market to reduce pressure on businesses to raise pay and prices.
Strong US Job Market , May Be Cooling With Slower , Growth in Pay and Benefits.
In the last three months of 2023, pay and benefits
for workers in the United States grew at
the slowest pace in two and a half years. .
ABC reports that the trend could impact
the Federal Reserve's decision...
Earnings and New Jobs , Increased More Than Expected in , December.
On January 5, the Labor Department released
a report showing that America's job market closed
2023 with a greater-than-expected..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 30 January 2024
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