Job Openings in the US Reach 3-Year Low

The number of job openings was little changed at 7.7 million on the last business day of July, the U.S. Bureau of Labor Statistics reported today. The figure was the lowest since January 2021, a hint that the labor market in the world's largest economy may be softening. The number of job openings was down by 1.1 million over the year on the last day of July. Hirings during the month were stable at 5.5 million, the data showed. The number of job openings for June was revised down by 274,000 to 7.9 million. Source: Qatar News Agency