Jobs
US Job Openings Decline to 8.83 Million, Lowest Since Early 2021
- Vacancies fell in July for sixth time in the last seven months
- Quits rate decreased to 2.3%, the lowest since start of 2021
This article is for subscribers only.
US job openings fell in July by more than expected to a more than two-year low, offering fresh evidence that labor demand is cooling.
The number of available positions decreased to 8.83 million from 9.17 million in June, the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday. It marked the sixth decline in the last seven months.