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2025-07-29 22:40:38
[U.S. job vacancies fell to 7.44 million after consecutive increases] The decline in job vacancies was broad-based, primarily affected by the accommodation and food services, healthcare, and finance and insurance sectors. Tuesday's report supports the view that the labor market is cooling, but only gradually. Job vacancies remain above pre-pandemic averages, suggesting that demand for workers remains relatively healthy. However, hiring has slowed, and unemployed people are taking longer to find a new job.
