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Job Vacancies in the US Almost Stagnant in August, Labor Demand Stabilizes
Summary: According to sources, job vacancies in the US in August showed almost no growth, indicating relative stability in labor demand. Based on data from the US Bureau of Labor Statistics, job vacancies increased from a revised 7,210,000 in July to 7,230,000. Since reaching a peak in early 2022, job vacancies have gradually declined and remained ...
According to sources, job vacancies in the US in August showed almost no growth, indicating relative stability in labor demand. Based on data from the US Bureau of Labor Statistics, job vacancies increased from a revised 7,210,000 in July to 7,230,000. Since reaching a peak in early 2022, job vacancies have gradually declined and remained within a relatively narrow range over the past year. Federal Reserve Chairman Powell noted the softness in the labor market, with many cautious about further rate cuts due to inflation still being above the central bank's target.
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Link: Job Vacancies in the US Almost Stagnant in August, Labor Demand Stabilizes [Copy]
