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U.S. Job Openings Surge to 7.7 Million in January

3/13/2025

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Story summary
  • U.S. job openings increased to 7.7 million in January, indicating a robust job market.
  • Layoffs saw a slight decline, while job quits rose; openings expanded in real estate, healthcare, manufacturing, and construction.
  • Federal job postings dropped to 135,000, with anticipated layoffs in February from federal workforce reductions.
  • The Federal Reserve is expected to maintain interest rates based on current labor trends.