Rate of workers quitting fell, and layoffs stayed near record low — showing employers are urgently seeking workers.
The number of job openings in the United States rose in July after three months of declines, a sign that employers are urgently seeking workers despite slowing economic growth and .
There were 11.2 million open jobs available on the last day of July, up from 11 million in June. That averages out to nearly two open jobs for every unemployed person.
Before the pandemic, openings never exceeded 8 million a month.
The quits rate declined somewhat, while layoffs also remained near historic lows. In the accommodation and food services, layoffs hit a record low, with just 88,000 workers discharged in July — about 60% of the pre-pandemic level.
