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U.S. Job Openings Decline to 7.6 Million, Indicating Cooling Labor Market
1482+ Words Refined into 6 Facts by AI • 2 sources • 8h ago
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- U.S. job openings fell to 7.6 million in December, indicating cooling.
- Decrease in job openings suggests Americans enjoy unusual job security.
- Job postings fell in professional and business services and healthcare sectors.
- Employers added 186,000 jobs per month in 2024, down from previous years.
- Federal Reserve raised interest rates 11 times to combat inflation.
- Nancy Vanden Houten noted the report supports a cautious approach to rate cuts.
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