U.S. Job Openings Decline in December, Layoffs Remain Low

Reported about 3 hours ago

U.S. job openings dropped significantly in December, with a decrease of 556,000 to 7.6 million, according to the Labor Department's JOLTS report. Despite this decline, layoffs were low, down by 29,000 to 1.771 million, indicating that the labor market isn't experiencing a sharp slowdown. Hires increased slightly, while the Federal Reserve held interest rates steady amidst ongoing economic uncertainties.

Source: YAHOO

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