Job openings shrink to lowest level since January 2021 as labor market cools
- The Labor Department reported 7.7 million open jobs in July, a decline from 7.9 million in June, marking the lowest level since January 2021.
- Job openings have decreased steadily this year, from nearly 8.8 million in January.
- July's job openings fell by 237,000, suggesting a slowing labor market that might lead the Federal Reserve to consider a significant rate cut.
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Coverage Details
Total News Sources0
Leaning Left9Leaning Right5Center20Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
58% Center
L 27%
C 58%
15%
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