US job openings rise modestly to 8.8 million in February in strong labor market

📆 02/04/2024 15:49:00
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WASHINGTON (AP) — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong. The Labor Department reported Tuesday that employers posted 8.

WASHINGTON — U.S. job openings barely changed in February, staying at historically high levels in a sign that the American job market remains strong.

Monthly job openings are down from a peak of 12.2 million in March 2022 but are still at a high level. Before 2021, they'd never topped 8 million. At the same time, the higher rates have brought inflation down. In February, consumer prices were up 3.2% from a year earlier — down from a four-decade high year-over-year peak of 9.1% in June 2022.

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