U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
Headline from WHEC Rochester
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran. The Labor Department reported Tuesday that U.S. job openings slid to 7.08 million from a revised 7.34 million in July.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran. The Labor Department reported Tuesday that U.S. job openings slid to 7.08 million from a revised 7.34 million in July.
U.S. job openings fell to about 7.08 million in August from 7.34 million in July, coming in below forecasts, while hiring changed little at roughly 5.2 million. Layoffs and quits were broadly steady, pointing to a labor market that remains resilient but subdued.
US employers posted fewer job openings in August, but the American labor market remains resilient despite higher energy costs caused by the war in Iran.
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