Federal Reserve disappointed as job vacancies grew in July

Human ResourcesMoney MattersShortagesHot SpotsAmerican Politics
Written By Jennifer Joslyn

Signs of a weakening economy and still-growing inflation are worrying Federal Reserve officials, especially after July reports show growing job vacancies. The United States has held on by a thread, and the Federal Reserve has been aiming to narrow the gap between supply and demand in terms of labor. But it hasn’t seemed to have worked.

Job openings grew last month in warehousing and shipping, professional services, and retail.

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Jennifer Joslyn
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