- According to the Fed's Beige Book, employment remained stable in recent weeks, but inflation continued to rise across much of the country.
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- Job openings climbed to their highest level in nearly two years, though companies pulled back on hiring, creating mixed signals for the economy.
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- ADP reported that private companies added 122,000 workers in May, up from April and better than the Dow Jones consensus estimate for 110,000.
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