Surprise Increase in US Job Vacancies Signals Strength in Labor Market
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#f15ab276 ver:0.35

US job vacancies unexpectedly increased in May, surpassing expectations and signaling strength in the labor market. Job openings rose by 221,000 to reach 8.14 million, exceeding the number of unemployed people. Despite the increase, vacancies are still down from a year ago. The rise in job vacancies indicates resilience in the US economy. The positive job openings follow a report showing an increase in jobs created in May, suggesting continued job growth and increased consumer spending power. The US Nonfarm Payrolls report for June is expected to show continued growth but at a slower pace. #jobs #economy #employment...

#newstr #UsLaborMarket #JobVacancies #Economy #Unemployment #WageGrowth 

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