Economics
U.S. Job Openings Rose to a Record 10.9 Million in July
- Vacancies increased in health care, finance and food services
- Quits rate remains near record high, underscoring tight market
This article is for subscribers only.
U.S. job openings rose to a fresh record high in July, illustrating the lingering staffing shortages that are making it challenging for businesses to meet demand.
The number of available positions rose to 10.9 million during the month from an upwardly revised 10.2 million in June, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Wednesday. Economists in a Bloomberg survey had called for openings to remain little changed at 10 million.