Job Openings Fall; Fewer Workers Quit

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U.S. job openings declined in August for the first time in four months led by fewer openings in the construction and retail sectors, and fewer workers quit their jobs.

Job openings, a measure of labor demand, fell by 204,000 to 6.49 million on the last day of August, the Labor Department said on Tuesday in its monthly Job Openings and Labor Turnover Survey, or JOLTS.

It was the first monthly decline since April, and vacancies remain below their level of 7 million in February. The job openings rate fell to 4.4% from 4.6% in July.

Read more at NEWSMAX.

{Matzav.com}


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