An employee works on a solar panel inside the Hanwha Qcells Solar plant on Oct. 16, 2023, in Dalton, Ga.WASHINGTON — Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong even as the U.S. Federal Reserve attempts to cool the economy.
The Federal Reserve's inflation fighters would like to see the job market cool. They worry that strong hiring pressures employers into raising wages — and trying to pass the higher costs along with price increases that feed inflation.