Job market finally cools as openings drop below 10 million
Job openings in the US dropped to their lowest level in nearly two years last month, in a sign that the red-hot labor market is finally cooling, which could help ease pressure on inflation.
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Job openings in the US dropped to their lowest level in nearly two years last month, in a sign that the red-hot labor market is finally cooling, which could help ease pressure on inflation.
The Labor Department reported on Tuesday that U.S. job openings fell to the lowest level since May 2021 amid the Federal Reserve's interest-rate hike campaign.
Dayton region experts believe an economic recession is possible but say it will likely be mild or moderate given the robust jobs market
Ohio is nearing a comeback from the nearly 900,000 jobs lost during the early days of the pandemic three years ago.
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