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US job openings fall to more than two-year low in June

IndiaTimes Tuesday, 1 August 2023
US job openings fell to the lowest level in more than two years in June, but remained at levels consistent with tight labor market conditions despite hefty interest rate increases from the Federal Reserve to dampen demand. Job openings, a measure of labor demand, dropped 34,000 to 9.582 million on the last day of June, the lowest level since April 2021, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday.
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News video: Number of Available US Jobs Falls to Lowest Level in Over 2 Years

Number of Available US Jobs Falls to Lowest Level in Over 2 Years 01:31

Number of Available US Jobs , Falls to Lowest Level in Over 2 Years. The Bureau of Labor Statistics released data on Aug. 1 indicating that job openings have reached their lowest point in over two years, CNN reports. June saw available jobs drop for the second month in a row to 1.6 jobs per...

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