US Job Openings Fall to 10.7 Million, Lowest Since September
- Drop in vacancies was largest since start of the pandemic
- Quits were little changed at 4.2 million, while hiring eased
Job seekers attend a career fair in Louisville, Kentucky.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
US job openings fell in June to a nine-month low, suggesting tightness in the labor market is easing somewhat amid growing economic pressures.
The number of available positions decreased to 10.7 million in the month from an upwardly revised 11.3 million in May, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday. The 605,000 decline was the biggest since April 2020.