US job openings rose in December, pointing to a still-durable labour market
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.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
