Reported 6 days ago
In August 2024, Americans left their jobs at the lowest rate since June 2020, with only 1.9% quitting, down from 2% in July. This suggests a diminishing confidence among workers in a slowing labor market, despite job openings increasing to 8.04 million. The situation raises the possibility of the Federal Reserve considering further interest rate cuts amid an evolving economy.
Source: YAHOO