Business

Labor Market Cools as Job Openings Drop, Manufacturing Recession Deepens

The number of job openings in the United States has dropped to a two-year low while America’s manufacturing sector extended its decline, delivering a fresh sign that recessionary winds are cooling the labor market.
Labor Market Cools as Job Openings Drop, Manufacturing Recession Deepens
Workers assemble cars at Ford's Assembly Plant in Chicago, Ill., on June 24, 2019. Jim Young/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

In a fresh sign that recessionary winds are cooling the labor market, the number of job openings in the United States has dropped to a two-year low while America’s manufacturing sector extended its decline.

The Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS) shows that job openings fell to 9.58 million in June, the lowest level since April 2021.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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