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Despite a dip in job openings to 8.7 million in October, the lowest since March 2021, the U.S. job market remains robust, demonstrating resilience amid higher interest rates. The decline is notable in sectors like healthcare, finance, and hospitality, yet overall job availability continues to surpass 8 million for a record 32 consecutive months. This slight cooling aligns with a broader moderation in hiring compared to the rapid pace of recent years. With 239,000 jobs added monthly this year and an unemployment rate below 4% for an unprecedented 21 months, there's an optimistic outlook. Click the link below for the full article and share your thoughts. https://lnkd.in/ghvHZxhF #jobmarket

Job Openings Hit Two-Year Low in Cooling to Be Welcomed by Fed

Job Openings Hit Two-Year Low in Cooling to Be Welcomed by Fed

bloomberg.com

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