
US job vacancies fell in June to their lowest level in nine months, suggesting that labour market tightness may be loosening up a bit amid mounting economic challenges.
The Job Openings and Labor Turnover Survey, or JOLTS, released by the US Labor Department on Tuesday, revealed that job openings fell to 10.7 million in June from a higher-than-expected 11.3 million in May. The fall of 605,000 was the most since April 2020.