U.S. Job Openings Hit Lowest Point Since 2021 In July, U.S. job openings fell to their lowest level since January 2021, with vacancies dropping to 7.67 million and layoffs rising to 1.76 million, the highest since March 2023. This decline in job openings, coupled with slowing job growth and rising unemployment, indicates a softening labor market, raising concerns about a potential recession. The Federal Reserve is closely monitoring these developments and is expected to consider lowering interest rates at its upcoming meeting. The August employment data, due soon, will be crucial in determining the Fed’s next steps, especially if it shows further labor market weakness. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Could Central Bank Buying Send Gold to $3,000? READ MORE What Pops THE BUBBLE CENTURY? READ MORE The Bull and Bear Case for Gold in 2024 READ MORE Gold Takes a Breather While Traders Await Inflation Cues READ MORE Gold Continues to Defy Expectations Despite Market Downturns READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment