US employers advertised fewer jobs in August
WASHINGTON - The Labor Department says employers advertised fewer job openings in August and kept hiring flat.
Job openings slid to 5.4 million in August from a record high 5.7 million in July. Hiring was little-changed at 5.1 million.
The number of people quitting jobs - a measure of confidence in the job market - was also essentially unchanged from July at 2.7 million. Quits have been flat for the past year after rising steadily in the aftermath of the 2007-2009 Great Recession.
The job market has weakened the past two months, reflecting slower global economic growth. Cautious employers added just 142,000 jobs in September, pulling hiring for the July-September quarter down to a lackluster 167,000 a month from an average 231,000 from April through June.
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