US Job Openings Fall in August
US job openings dropped to 7.079 million in August while layoffs remained low. The stable labor market gives the Federal Reserve scope to focus on inflation.
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United States job openings fell by 256,000 to 7.079 million on the final day of August, according to the Bureau of Labor Statistics. The decline points to a cooling labor demand while layoffs remained low. Economists polled by Reuters had forecast 7.225 million open positions.
