Job openings dip in July as demand for workers slows, but high ‘quit rate’ shows labor market still strong
September 10, 2019 at 10:27 AM EDT
Job openings in the U.S. fell slightly in July to a five-month low in a sign of slackening demand for labor. But layoffs remained extremely low and the number of people quitting hit an all-time high, typically a mark of a strong jobs market.