US job openings drop to lowest level in more than 2 years
Written by Black Hot Fire Network on December 5, 2023
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US job openings fell to their lowest level in more than two years in October, another sign of a cooling labour market that sparked a rally in government debt as traders bet on less aggressive monetary policy from the Federal Reserve.
The job-openings data offers more evidence that the US central bank’s efforts to damp demand with high interest rates is working — although officials . . .