Jobs
US Job Openings Decline to 7.6 Million, Lowest Since September
- December vacancies were lower than all but one estimate
- Data affirm Fed view that job market isn’t boosting inflation
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US job openings fell in December by more than forecast to a three-month low, consistent with a gradual slowdown in the labor market.
Available positions decreased to 7.60 million from a revised 8.16 million reading in November, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The figure was below all but one estimate in a Bloomberg survey of economists.