4th Sep 2024 13:47
(Sharecast News) - The number of open job positions in the US slipped in July, but Americans were a tad more confident when it came to risking trying to change employers.
According to the Department of Labor, in seasonally adjusted terms the number of job openings declined at a month-on-month pace of 3.0% to reach approximately 7.67m.
Economists had projected a reading of about 8.1m.
Job openings had originally been reported at 8.184m for June, but revised data now showed 7.910m.
Hiring on the other hand jumped by 5.2% over the month to reach 5.521m.
The so-called 'quits' rate, which tracks the proportion of voluntary job separations ticked higher by one tenth of a percentage point to 2.1%.
-- More to follow --