"US Job Openings Dip to Two-Year Low, Impacting Gold Prices and Job Market Dynamics"
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.