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cover of episode That snooze-fest jobs report is probably a good thing

That snooze-fest jobs report is probably a good thing

2024/7/2
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The May job openings and labor turnover survey showed 8.1 million job openings, about 200,000 more than the month before. Experts say the dull report indicates a balanced and stabilized labor market, with the quits rate stabilizing significantly and hires remaining consistent.

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Tuesday’s jobs report showed 200,000 more openings in May than the previous month — pretty yawn-worthy compared to the labor market roller coaster of the past few years. But don’t fret! All that boring data is actually a sign of stability. Also in this episode: Why organic produce is expensive to grow, what it’s going to take for global power sector emissions to fall, and which type of construction is dragging sector spending down.