Job openings fall to lowest level in 2 years as demand for workers cools

Job Openings Cropped

The Associated Press

WASHINGTON (AP) – U.S. employers posted fewer jobs in June, a sign that the red-hot demand for workers that has been a key feature of the post-pandemic economy is cooling a bit.

Job openings dropped to 9.6 million in June, the Labor Department said Tuesday, down slightly from the previous month but much lower than the 10.3 million in April and the fewest in more than two years.

The government’s report also showed that the number of people who quit their jobs in June fell sharply to 3.8 million from 4.1 million, another sign the job market is slowing.

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8/1/2023 1:07:11 PM (GMT -5:00)

Categories: Regional and US News