"US Job Openings Dip to Two-Year Low, Impacting Gold Prices and Job Market Dynamics"
TL;DR Summary
The U.S. job market saw a significant decrease in open positions by the end of 2023, with job postings on Indeed dropping over 15% from the previous year. This change reflects businesses filling more positions and opting not to hire for others, even as the Federal Reserve aims to achieve a soft landing for the economy, balancing low inflation with a strong job market. The decline in job openings has stabilized somewhat in the latter half of the year.
- Finding a New Job Is Getting Harder The Wall Street Journal
- US job openings fell to fresh 2-year low in November CNN
- US JOLTS Job Openings Eased in November to Lowest Since March 2021 Bloomberg
- Gold prices off their lows as JOLTS job openings drops to 8.79 million Kitco NEWS
- Breaking: US JOLTS Job Openings decline to 8.79 million in November vs. 8.85 million forecast FXStreet
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