Braking Down The News

Demand for Workers Fell in June to Lowest Level in Nine Months

Despite decline, total job openings remain well above the number of available workers

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U.S. job openings fell in June to their lowest level in nine months and hiring slowed, in new signs of a cooling labor market.

The Labor Department on Tuesday said there were a seasonally adjusted 10.7 million job openings in June, down from 11.3 million in May. That was the lowest level since September.

 

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