Surprising Surge in US Job Openings Revealed by August Labor Department Report
US job openings unexpectedly rebounded in August as the labor market proves resilient amidst the Federal Reserve’s aggressive interest-rate hike campaign. According to the Labor Department, there were 9.6 million job openings in August, a significant increase from the revised 8.92 million reported the previous month. Economists surveyed by Refinitiv had anticipated a reading of …