Job openings fall

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 4 June 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets end up; job openings down in April; Paramount outlines alternative to Skydance merger; Toyota recalls 100,000 cars.

Transcript

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0:00.0	This is the Marketplace Minute. I'm Megan McCurdy-Koreno.
0:05.0	Markets were up Tuesday. The Dow gained almost 4 tenth percent,
0:09.0	and the S&P and NASDAQ both edged up almost two-tenths of a percent.
0:13.6	Job openings in April fell to their lowest level since 2021.
0:18.2	They're still on the high side historically,
0:20.3	but the data is yet another sign.
0:22.1	The economy is cooling.
0:24.0	Layoffs however fell and the number of workers quitting jobs rose from the previous month.
0:29.0	We'll get the full employment report for May on Friday.
0:32.0	Paramount could be cutting jobs and Employment Report for May on Friday.
0:33.0	Paramount could be cutting jobs and pursuing a new streaming venture should a planned merger
0:37.9	with Sky Dance fall through.
0:40.3	The legacy media company has struggled with declining viewership for traditional TV
0:45.0	and a streaming platform that has failed to deliver profits.
0:49.0	And Toyota has issued a recall affecting 100 Tundra trucks and Lexus SUVs over concerned
0:55.8	debris in the engines could lead to a stall.
0:59.0	I'm Megan McCarty Carino with the marketplace minute.

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