Job listings fell slightly to 9.58 million from 9.62 million in May, the Labor Department said Tuesday.Job listings fell slightly to 9.58 million from 9.62 million in May, the Labor Department said Tuesday.
As the Federal Reserve continues trying to ease inflation, it’s looking for job openings to slow down a bit as a sign the labor market isn’t so hot. Job openings in June are still somewhat high, but down from the peak of 12 million last year. Key details: Job openings rose the most in health care and social assistance. There was also an increase in state and local government positions.Economists use the number of job listings as a sign of the health of the labor market, even if those positions are never filled.People quit more often when they think they can easily find another job, and they’re less likely to quit when the economy weakens.
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