Morning Business Report: U.S. job openings rise, July 4th grilling heats up
Job openings in the U.S. climbed in May to their highest level in six months, signaling continued strength in the labor market.
(LILAMAX)- Job openings in the U.S. climbed in May to their highest level in six months, signaling continued strength in the labor market. According to the Bureau of Labor Statistics, openings rose to 7.8 million from 7.4 million the previous month. Federal Reserve Chair Jerome Powell is defending the central bank’s decision to hold off on interest rate cuts. Facing…