Home Economy Economic Activity U.S. job openings rise to 8.1M despite higher interest rates

U.S. job openings rise to 8.1M despite higher interest rates

A HIRING SIGN is displayed at a restaurant in Arlington Heights, Ill. The Labor Department reported Tuesday that vacancies were up from a revised 7.9 million in April, the first reading below 8 million since February 2021. /ASSOCIATED PRESS PHOTO/NAM Y. HUH

WASHINGTON (AP) – U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market. Vacancies rose from a revised 7.9 million in April, the first reading below 8 million since February 2021, the Labor Department reported Tuesday. April openings were marked down from

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