Job Openings in U.S. Fell in July to Lowest in Six Months

[Purveyor]

Source: Bloomberg

By Shobhana Chandra - Sep 10, 2013

Job openings in the U.S. fell in July to the lowest level in six months, signaling uneven progress in employment.

The number of positions waiting to be filled declined by 180,000 to 3.69 million, from a revised 3.87 million the prior month that was weaker than initially reported, the Labor Department said today in Washington. Hiring rose and firings cooled.

The report, following data last week showing payrolls grew less than forecast in August, indicates the labor market was struggling to gain momentum at the start of the third quarter. Federal Reserve officials, due to meet Sept. 17-18, are debating whether the economy and job market have improved enough to warrant trimming $85 billion in monthly bond purchases.

“The labor market is still recovering, though slowly,” Russell Price, a senior economist at Ameriprise Financial Inc. in Detroit, said before the report. “We’re going to see businesses become a little more cautious.”



Read more: http://www.bloomberg.com/news/2013-09-10/job-openings-in-u-s-fell-by-180-000-in-july-to-3-69-million.html

[LiberalLoner]

1. Not good. :(

[durablend]

2. Need more tax cuts for the rich!

And cut that needless crap like Social Security and Medicare!

[historylovr]

3. But I read someone here say jobs are easy to find.

You just have to go out and get one.

[4dsc]

4. jobs are easy if you want to work for pennies

while there may be jobs available the going wages on these jobs are less than stellar.