U.S. job openings fall slightly to 8.2 million, sign that high rates continue to cool labor market

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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.

FILE - A utility crew works at a site in Chicago on June 27, 2024. On Tuesday, July 30, 2024, the Labor Department reports on job openings and labor turnover for June. –

Job growth has slowed, too. So far this year, employers are adding an average 222,000 jobs a month. That is a healthy number but down from an average 251,000 last year, 377,000 in 2022 and a record 604,000 in 2021 as the economy roared back COVID-19 lockdowns.

 

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