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U.S. job openings tumbled in March to the lowest level in two years, an early sign the Federal Reserve's aggressive interest-rate hike campaign is beginning to cool the labor market.
The Labor Department said Tuesday that there were 9.6 million job openings in March, a decline from the 9.9 million openings reported in the previous month. Economists surveyed by Refinitiv expected openings to fall to 9.7 million.
US Factory Orders (M/M) Mar: 0.9% (est 1.3%; prev R -1.1%)
The Labor Department said Tuesday that there were 9.6 million job openings in March, a decline from the 9.9 million openings reported in the previous month. Economists surveyed by Refinitiv expected openings to fall to 9.7 million.
US Factory Orders (M/M) Mar: 0.9% (est 1.3%; prev R -1.1%)