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US Job Openings Unexpectedly Rise to 11.2 Million, Near a Record

  • Vacancies have exceeded 11 million since late last year
  • Quits rate edged down in July to a more than one-year low
Ocean City Boardwalk As US Inflation Runs Cooler Than Forecast
Photographer: Al Drago/Bloomberg
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US job openings rose unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labor market as employers compete for a limited supply of workers.

The number of available positions edged up to 11.2 million in the month -- topping all estimates -- from a revised 11 million in June, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.