US job openings inched lower last month to retreat only modestly from a record high, and vacancies still far outpaced new hires as employers struggled to bring back more sidelined workers.Though vacancies decreased in the latest survey, the data have been volatile and have yet to show a sustainable trend …
Read More »What GDP, Growth Data Can Tell About US economic Recovery
The US economy grew faster than expected in the third quarter of 2021 at 2.3%, up from an estimate of 2.1%. The third-quarter growth in America’s total output in goods and services significantly slowed from the first two quarters where growth soared to 6.3% and 6.7% respectively. GDP growth is …
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