Reported about 3 hours ago
US job openings decreased to 7.6 million in December, marking the lowest level since September, as the labor market shows signs of gradual cooling. The decline, which came in below economists' expectations, was particularly driven by decreases in professional and business services, healthcare, and finance sectors, indicating a potential downward trend in job vacancies. This situation may dampen wage growth and aligns with the Federal Reserve's view that the job market is no longer a significant inflationary factor.
Source: YAHOO