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U.S. job vacancies match trend for unemployed, Nick Timiraos notes

U.S. job vacancies match trend for unemployed, Nick Timiraos notes
U.S. job openings stable in March

Nick Timiraos, chief economics correspondent at Wall Street Journal, reports that U.S. job openings have remained stable, with the three-month moving average standing at 7 million in March.

There were 0.94 job vacancies for every worker counted as unemployed in March, in line with the recent trend.

Timiraos recently reported that U.S. PCE inflation reached 3.5% in March, the highest level since May 2023, with core inflation at 3.2% here. In a separate article, he covered Bessent's comments on Fox News about the Powell Fed's response to high inflation and ongoing ethics concerns at the U.S. central bank here. These developments come as the labor market remains steady by recent measures.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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