Opportunities | Unplash by Razvan Chisu
Opportunities | Unplash by Razvan Chisu
As released on Friday, job openings were 10.8 million at the end of January. While down 410,000 from December, openings are still extremely high.
Why it matters: There are 5.1 million more job openings than unemployed workers.
The big picture: Job openings are not dropping as fast as many anticipated because businesses still badly need many workers and because the economy is not cooling as quickly as expected.
Go deeper: For more snapshots of the U.S. economy from the Economic Policy Division at the U.S. Chamber of Commerce, click here.
Original source can be found here.
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