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thehill.com 29 Aug, 2023 15:45 am

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market

Job vacancies, quits plunge in July in stark sign of cooling trend in the US labor market
WASHINGTON (AP) — Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation. The number of job vacancies dropped to 8.8 million last month, the Labor Department…
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