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The job openings-to-unemployment ratio: Labor markets are in better balance
https://fredblog.stlouisfed.org/2024/07/the-job-openings-to-unemployment-ratio-labor-markets-are-in-better-balance/
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In the most recent FOMC press conference, on June 12, Chair Powell noted that the labor market “has come into better balance, with continued strong job gains and a low unemployment rate.”
