U.S. Job Openings Edge Higher in Sign of Stable Labor Demand
Available positions rose to 7.27 million from a downwardly revised 7.18 million in June, according to Bureau of Labor Statistics data out Tuesday.
Available positions rose to 7.27 million from a downwardly revised 7.18 million in June, according to Bureau of Labor Statistics data out Tuesday.
BELLINGS Intelligence Score: 72
Why it matters
The upward revision and slight increase in U.S. job openings is a key labor market indicator that can influence Fed rate expectations and monetary policy outlook, directly affecting credit markets and borrowing costs for professionals in this readership.
Sources
CPA Practice Advisor
U.S. Job Openings Edge Higher in Sign of Stable Labor Demand
Available positions rose to 7.27 million from a downwardly revised 7.18 million in June, according to Bureau of Labor Statistics data out Tuesday.