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U.S. job openings fall to nine-month low

U.S. job openings fell by the most in just over two years in June as demand for workers eased in the retail and wholesale trade industries.
 
But overall the labor market remains tight, allowing the Federal Reserve to continue raising interest rates.
 
The total of employment vacancies fell to about 10.7 million through the last day of June, a decline of 605,000 or 5.4%.
 
 The latest Job Openings and Labor Turnover Survey was released today.


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