U.S. job openings fall below 10 million for first time since 2021

By Reade Pickert
Published Updated 3 Min Read

Bloomberg

Vacancies at U.S. employers dropped in February to the lowest since May 2021, suggesting a cooling in labor demand in some industries but still indicative of a job market that’s too tight for the Federal Reserve.

The number of available positions decreased to 9.9 million from a downwardly revised 10.6 million a month earlier, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.

Reade Pickert

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