India, Sept. 3 -- 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.
Economists had expected job openings to fall to 7.375 million from the 7.437 million originally reported for the previous month.
With the decrease, job openings dropped to their lowest level since hitting 7.103 million in September 2024.
Nancy Vanden Houten, Lead U.S. Economist at Oxford Economics, noted the decline in job openings pushed the job openings-to-unemployed ratio below 1.0 for the first time since April 2021, signaling a loosening dema...