Job openings shrink to lowest level since January 2021 as labor market cools | CNN Business

CNN  — 

The number of available jobs in the US shrank more than expected in July, an indication that demand for workers continues to wane amid a cooling labor market.

Job openings fell in July for the second consecutive month to an estimated 7.67 million, from 7.91 million in June, according to new data released Wednesday by the Bureau of Labor Statistics.

That’s the lowest number of openings since January 2021.

Economists were expecting that the July postings would total 8.1 million, according to FactSet consensus estimates.

Wednesday’s data is

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

These Types of People Are the Secret Superheroes Your Business Needs

Opinions expressed by Entrepreneur contributors are their own. Creative entrepreneurship, a seemingly contradictory term, is a unique and extraordinary combination of skills....

Verizon Just Made a $20 Billion Acquisition—Here’s Why the Company’s CEO Calls It a ‘Strategic Fit’

Verizon said on Thursday that it had entered into a definitive agreement to acquire Frontier, a leading fiber internet provider, for $20 billion in...

New York Times publisher A.G. Sulzberger sounds the alarm on Trump using authoritarian anti-press ‘playbook’ | CNN Business

New York CNN  —  A.G. Sulzberger, the New York Times publisher, sounded the alarm Thursday on the “quiet war”...