US Job Openings Slip In July, Adding To Evidence That The American Labor Market Is Cooling – KXL

WASHINGTON (AP) — U.S. employers posted 7.2 million job vacancies in July as the American labor market continued to cool.

The Labor Department reported Wednesday that job openings were down from 7.4 million in June and came in modestly below what economists had forecast.

The Job Openings and Labor Turnover Survey (JOLTS) showed that layoffs rose.

The number of Americans quitting their jobs — a sign of confidence in their ability to find better pay, opportunities or working conditions elsewhere — was almost unchanged at 3.2 million from June.