Job openings jump to 9.6 million. Labor market still strong

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Job openings in the U.S. snapped back in August and rose to 9.6 million, just a month after falling to a more than two-year low.

The number of job openings is seen as a sign of the health of the labor market and the broader U.S. economy. Economists polled by the Wall Street Journal had forecast job listings to total 8.8 million.

Job postings have dropped from a record 12 million last year, but they are still well above pre-pandemic levels.

 

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