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 U.S. Has Fewest Available Jobs Since January 2021
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As of July 2024, U.S. job openings fell to 7.67 million, the lowest since January 2021; June's openings were revised down to 7.91 million from 8.18 million; economists expected 8.1 million openings; hiring rate increased to 3.5% in July from 3.3% in June; quits rate rose to 2.1% from 2%; Oxford Economics' Nancy Vanden Houten noted demand for labor is easing; Federal Reserve may cut interest rates due to softening economy.

#JobOpenings #Economy #FederalReserve #LaborMarket #Employment #InterestRates #BureauOfLaborStatistics #Hiring #QuitsRate #EconomicIndicators

https://dallasexpress.com/business-markets/u-s-has-fewest-available-jobs-since-january-2021/