To no new show. It's time to check in
with Cheddar's own. Kristen Scher at the New York
Stock Exchange. So, Kristen, you know,
we just got some new jobs that are out this
morning. A lot of people are talking about it
. So, what's the latest, what can you
tell us, Shannon? That's right. It's great
to see you in the latest job openings and labor
turnover survey showing the jobs market might be shifting in
February, there were 9.9 million job openings. That's
in fact a 21 month low and well under Wall
Street expectations which forecast 10.5 million job openings while more
than four million Americans quit their roles in February,
which was actually a little bit higher than expected.
Quit and declined below four million for the first time
in 19 months in January and Fed chair, Jerome
Powell has maintained that the Fed does want to see
a looser jobs market with less pressure on wages and
higher levels of unemployment to help slow the economy and
even bring down inflation. So it might be good
news for investors who want to see a pause in
rate hikes