Latest Updates: Related to Inflation

Increased Job Postings Support Additional Fed Tightening


U.S. job openings unexpectedly jumped above the 10 million mark according to the latest Job Openings and Labor Turnover Survey (JOLTS). This morning’s release showed 10.1 million posted positions in April, well above the median forecast, and up from a revised 9.75 million in March. While total job postings in April were 1.65 million lower than a year ago, they are now back to the highest level since January.

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