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Business & Economics

JOLTS Job Openings Hits 4-Year Low Ahead FOMC Meeting, Strengthens Case For Fed Rate Cut

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Summary
Nutrition label

83% Informative

U.S. job openings fell to 7.192 M in March , the lowest since 2020 .

Layoffs dropped to 1.558 M, showing a cooling but resilient labor market.

Fed rate cut odds are rising as labor market and consumer confidence weaken.

Job openings rate also declined to 4.3% from 4.5% in February .

VR Score

85

Informative language

84

Neutral language

79

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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