U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
WASHINGTON -- 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.U.S. job openings slid to 7.08 million from a revised 7.34 million in July, the Labor Department reported Tuesday. Openings came in below the 7.2 million that forecasters had expected.The department's Job Openings and Labor Turnover Survey (JOLTS) also showed that layoffs fell and the number of people quitting their jobs — a sign of confidence in their prospects — was little changed in August.The U.S. job market is sturdy, though unspectacular, despite an energy shock from the Iran war. Hiring has rebounded from a miserable 2025. Employers — businesses, nonprofits and government agencies — have added an average 80,000 jobs a month so far this year. That is an improvement on the 9,700-a-month average last year when high interest rates and uncertainty about President Donald Trump's trade policies discouraged businesses...






