Job openings fall to 28-low and fewer workers quit as labor market cools off

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Job openings in the U.S. fell to a 28-month low of 8.8 million in July, a sign that companies have scaled back hiring in response worries about an economic...

The numbers: Job openings in the U.S. fell to a 28-month low of 8.8 million in July, a sign that companies have scaled back hiring in response worries about an economic slowdown.

Job listings dropped from a revised million in 9.2 million June, the Labor Department said Tuesday. It’s the fewest number of job openings since March 2021.

 

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