U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran.
TL;DR
- U.S. employers posted fewer job openings in August.
- The American labor market remains resilient.
- Higher energy costs are attributed to the fighting with Iran.
- The labor market is sturdy despite economic challenges.