US Job Openings See Modest Rise in February

Tuesday, 2 April 2024, 14:17
In February, US job openings reached 8.8 million, a slight increase from the previous month and in line with economists' expectations. The Federal Reserve's actions to combat inflation did not result in a recession as anticipated, with the economy showing resilience and employers actively hiring and retaining workers.
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US Job Openings See Modest Rise in February

US Job Openings Up in February

The Labor Department reported that job vacancies rose to 8.76 million in February, slightly higher than January.

When the Federal Reserve raised interest rates two years ago to curb inflation, recession fears emerged. However, the economy has defied expectations, showing growth and strong demand for workers.

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