U.S. job openings fall slightly to 8.2 million as high interest rates continue to cool labor market

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Labor Department,Labor Market

WASHINGTON (AP) — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates.

WASHINGTON — U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face ofStill, the report showed other signs of a slowing job market. Employers hired 5.3 million people, fewest since April 2020 when the pandemic was hammering the economy. The number of people quitting their jobs — a decision that reflects confidence in their ability to find higher pay or better working conditions elsewhere — slid to 3.3 million, fewest since November 2020.

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