U.S. | More jobs to fill but fewer hires in April

Summary

Despite record-high job openings, dovish Fed can’t Ignore underlying issues. Job openings hit highest level since December 2000 in April, but hiring declined. The number of unemployed per job opening dropped to 1.59 from 1.68 in March. Still no change in FOMC expectations for a September liftoff as we approach June meeting

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