U.S. job vacancies in July fell to the lowest level since January 2021, and interest rate swaps show that the Federal Reserve will further ease monetary policy this year

Odaily News U.S. job openings fell to their lowest level since early 2021 in July, and layoffs increased, consistent with signs of slowing demand for other workers. The U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey showed on Wednesday that U.S. job openings fell to 7.67 million in July from a downwardly revised 7.91 million the previous month, a figure below all economists' expectations. After the release of the U.S. JOLTs job openings in July, the Federal Reserve's interest rate swaps showed that the Federal Reserve will further ease monetary policy in 2024. (Jinshi)