Economic Report: Job openings fall to 21-month low of 9.9 million. Labor cools, but it’s still hot

by | Apr 4, 2023 | Stock Market

The numbers: Job openings fell to a 21-month low of 9.9 million in February in a sign that a softer U.S. economy is loosening up a historically tight labor market. Job listings declined from a revised 10.6 million in January, the Labor Department said Tuesday. That’s the fewest openings since October 2021.

Economists polled by the Wall Street Journal had forecast job listings to total 10.5 million. The number of job openings is seen as a cue to t …

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