| Surge in US Job Openings Sparks Economic Jitters and Market Reactions

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Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores the US labor market recording a remarkable 9.6 million in job openings, the Ether Fund launch day, Hong Kong and more.

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August job openings top 9.6 million, more than expected as labor market remains strongEmployment vacancies at U.S. businesses unexpectedly surged in August, a sign that the labor market remains tight and robust despite the Federal Reserve’s efforts to slow the economy. Job openings totaled 9.61 million for the month, a jump of nearly 700,000 from July and well above the Dow Jones estimate for 8.8 million, the Labor Department said Tuesday in its…
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

More evidence that the US job market remains hot after US job openings rise unexpectedly in AugustU.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong desite higher interest rates — perhaps too strong for the inflation fighters at the Federal Reserve.
Source: wjxt4 - 🏆 246. / 63 Read more »

More evidence that the US job market remains hot after US job openings rise unexpectedly in AugustU.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong desite higher interest rates — perhaps too strong for the inflation fighters at the Federal Reserve.
Source: AP - 🏆 728. / 51 Read more »