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U.S. job openings fell, and hiring slowed to the weakest since 2020 in February, pointing to cooler labor demand before the war in Iran.

Walgreens is laying off hundreds of employees across the country as the beleaguered pharmacy chain’s new private equity owners look to cut costs.

The Federal Open Market Committee voted 10-2 Jan. 28 to hold the benchmark federal funds rate in a range of 3.5%-3.75%. The two dissenting were in favor of a quarter-point reduction.

The decline unwinds a large jump in the prior week, when initial claims rose to the highest level in nearly four years. That period included Labor Day, when the data can be more volatile.

Applications for U.S. state unemployment insurance fell last week to the lowest since 1969 as demand for labor far exceeds supply and rampant inflation keeps the incentive to work high.

WASHINGTON — The number of people seeking unemployment benefits fell last week for a fourth straight time to a pandemic low, the latest sign that America’s job market is rebounding from the pandemic recession as employers boost hiring to meet a surge in consumer demand.

WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at breakneck speed.

In the harshest downturn for American workers in history, employers cut an unprecedented 20.5 million jobs in April and the unemployment rate more than tripled to 14.7%.

Filings for U.S. unemployment benefits declined more than expected to reach a four-week low, another sign that a resilient labor market continues to underpin the economy.

A greater share of America’s job hunters received more than one employment option this summer than got single offers, indicating lingering tightness in the labor market and upbeat firms despite recent recession concerns.