Reported 12 months ago
US job openings increased slightly to 8.1 million in May, despite the impact of higher interest rates. The Labor Department reported that vacancies rose from a revised 7.9 million in April, while layoffs also saw an increase. The US economy and job market have shown resilience against the Federal Reserve's efforts to combat inflation with rate hikes. However, there are signs of economic slowdown, with job openings declining since early 2022.
Source: YAHOO