A sign of strength in the labor market: Job openings increased in August | CNN Business

CNN  — 

The number of available jobs in the US grew in August, signaling an undercurrent of strength in the labor market at a time when its vitals are being carefully monitored by the Federal Reserve.

There were an estimated 8.04 million job openings in August, an increase from an upwardly revised 7.71 million in July, according to new data released Wednesday by the Bureau of Labor Statistics.

The latest tally equates to 1.1 available jobs for every person looking for one, BLS data shows.

Economists were expecting the number of available

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