US Labor Market Cools, Boosting Crypto Investor Hopes
The US labor market is showing signs of cooling down, but job openings still remain high at roughly 7.36 million in June, down from 7.59 million in May.
This decrease may indicate that the Federal Reserve has more flexibility to set monetary policy, which could have implications for investors and traders.
The hires rate held steady at 3.4%, showing that employers are still hiring people at a reasonable pace.