US Job Openings Drop to Their Lowest Level Since January 2021

July’s job openings fell by 237,000 from downwardly revised June number, the Department of Labor’s Bureau of Labor Statistics said on Sept. 4.
US Job Openings Drop to Their Lowest Level Since January 2021
Home Depot customers walk by a posted "Now Hiring" sign in San Rafael, Calif., on March 8, 2024. Justin Sullivan/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

U.S. job openings plunged in July to their lowest level since January 2021, suggesting that the labor market is slowing down and may trigger the Federal Reserve to issue a large rate cut later this month.

July’s job openings, considered a key measure of labor demand, fell by 237,000 to 7.673 million for the month, according to the Department of Labor’s Bureau of Labor Statistics (BLS) in its Job Openings and Labor Turnover Survey issued on Sept. 4.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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