Job Openings, Quits Continue to Fall

Job openings fell by over 600,000 to 10.7 million in June, according to the monthly JOLTS report released by the U.S. Bureau of Labor Statistics. The largest decreases in job openings were in retail and public education. The drop in job openings marks the third month in a row of declines, indicating that labor shortages are beginning to ease, although levels remain nearly twice as high as the pre-pandemic norm.
Source: New feed 2