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But job openings in the 'other services' category fell 93,000. The job openings rate increased to 4.8% from 4.6% in July. Businesses with 10 to 49 employees reported 203,000 more job openings.
Reduced openings are a clear sign that the Fed’s anti-inflation strategy is taking effect — but also a potential omen of economic hardship to come.
The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth: The rate of openings as a percentage of total ...
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States.It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of 1907) led to the desire for central control of the monetary system in order to alleviate financial crises.
The United States federal civil service is the civilian workforce (i.e., non-elected and non-military public sector employees) of the United States federal government's departments and agencies. The federal civil service was established in 1871 ( 5 U.S.C. § 2101 ). [ 1 ]
Industrial Production (Federal Reserve) Capacity Utilization; Regional Manufacturing Surveys (purchasing managers' organizations and Federal Reserve banks) Philadelphia Fed Index (Federal Reserve Bank of Philadelphia) Construction Spending (U.S. Census Bureau) Business inventory Business Inventories (U.S. Census Bureau) International