The Labor Department releases its latest snapshot of U.S. job openings Tuesday and its June tally of hiring by nonfarm employers Friday. The Federal Reserve delivers the minutes from its most recent interest rate policy meeting Wednesday.
Openings fell in April to the lowest level since 2021, with employers posting about 8.06 million vacancies. Economists predict that openings fell again in May. Job openings are down from a peak of 12.2 million in March 2022, but remain at historically strong levels despite high interest rates and signs the economy is slowing.
The Federal Reserve delivers the minutes from its most recent interest rate policy meeting Wednesday. At the meeting, policymakers kept the central bank’s benchmark rate unchanged at roughly 5.3%, a 23-year high. Fed officials said that inflation, which is down from a peak of 9.1% two years ago, has fallen further toward their 2% target level in recent months. Even so, the Fed signaled it expects to cut interest rates just once this year.
Business F Federal Reserve System U.S. Department Of Labor
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The biggest trailers of the week: June 23rd to June 29thThis week had its share of remakes and franchises, but we’re not sad about this batch, which includes Nosferatu, Batman: Caped Crusader, and Deadpool & Wolverine.
Read more »
Summertime weather pattern kicks off the first week of summer, last week of JuneSummertime weather patterns kicks off the first week of summer, last week of June
Read more »
A free Five Points Jazz Fest, a Snoopy show, and more things to do in Denver this weekBest Bets for the week of Friday, June 7, through Thursday, June 13
Read more »
'Mama June: Family Crisis': Anna Shares Lighthearted Moment With Mom June Amid Her Health Battle (Exclusive)A new episode of 'Mama June: Family Crisis' airs Friday, June 28, at 9 p.m. ET/PT on WEtv.
Read more »
June solstice 2024 brings changing seasons to Earth on June 20 — What to knowJoe Rao is Space.com's skywatching columnist, as well as a veteran meteorologist and eclipse chaser who also serves as an instructor and guest lecturer at New York's Hayden Planetarium. He writes about astronomy for Natural History magazine, the Farmers' Almanac and other publications.
Read more »
Your Weekly Horoscope for June 16 to June 22, 2024Discover your zodiac sign's weekly horoscope for June 16 to June 22, 2024, from expert astrologer Stephanie Campos.
Read more »