Job openings remain stuck at an elevated level
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 4 June 2024
⏱️ 1 minutes
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Summary
Job openings total 8.1 million, again; Bath & Body Works forecasts subdued sales; Volvo launches first EV battery passport; E-Trade considers kicking Keith Gill off platform, WSJ reports.
Transcript
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| 0:00.0 | Job openings remained stuck at an elevated level. |
| 0:04.4 | I'm Novasafo with a marketplace minute. |
| 0:06.4 | Many analysts were expecting some cooling, but the nation's employers had other ideas. |
| 0:11.1 | The latest look at job openings from the Labor Department shows the number is essentially |
| 0:15.0 | unchanged at more than 8 million. A resilient job market gives the Federal Reserve more time to try to bring |
| 0:20.4 | inflation down. Consumers, meanwhile, continue to shy away from most discretionary items. |
| 0:25.9 | Bath and body works, today forecasted subdued full-year sales of its personal care products. |
| 0:32.1 | Volvo is launching the world's first EV battery passport, |
| 0:35.0 | accessible with a QR code. |
| 0:37.0 | That's ahead of a European Union mandate due to take effect in three years. |
| 0:41.0 | The passport tracks sources for the raw materials and |
| 0:44.4 | components making up batteries. The Wall Street Journal says E-Trade is |
| 0:48.5 | considering booting Keith Gill off its platform. It's reportedly concerned about |
| 0:52.1 | market manipulation. |
| 0:54.0 | Gail goes by the online moniker Roaring Kitty, his social media posts have again fueled a |
| 0:58.2 | spike in the value of GameStop shares. |
| 1:01.4 | I'm Novasapo with a marketplace minute. |
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