The numbers: Job openings in the U.S. fell slightly to 10.46 million in November, but workers were still quitting in droves in a sign the labor market remains quite strong — too strong for the Federal Reserve.
The jobs market is still too hot for the Fed, however. The Fed is worried high inflation will persist unless hiring slows and a rapid increase in wages tapers off. Rising interest rates, a slowing economy and worries about recession have spurred businesses to fill fewer open jobs.
$21.00 per hour does nothing when taxes & prices have gone up X2. This is why people with IQs lower than 130 should not be allowed to vote.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FoxBusiness - 🏆 458. / 53 Read more »