Economic Buzz: US job openings fall to ten-month low in July

Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday.

The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.

With the decrease, job openings dropped to their lowest level since hitting 7.103 million in September 2024.

The report said hires rose to 5.308 million in July from 5.267 million in June, while total separations slipped to 5.289 million in July from 5.341 million in June.

Within separations, quits edged down to 3.208 million in July from 3.209 million in June but layoffs crept up to 1.808 million in July from 1.796 million in June.

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