US job openings rebound in August; hiring soft
- Posted on October 1, 2024
- By Business News Today
- 1 Views
US job openings rebound in August; hiring soft
U.S. job openings rose by 329,000 to 8.040 million in August, contrary to forecasts. Despite this increase, hiring rates dipped, indicating a slowing labor market. The Federal Reserve cut interest rates in response to labor market concerns and is anticipated to do so again before year-end.
