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Job vacancies, quits plunge in July in stark sign of cooling trend in the US job market

By CHRISTOPHER RUGABER, AP Economics Writer
Published: August 29, 2023, 8:04am

WASHINGTON (AP) — Businesses posted far fewer open jobs in July and the number of Americans quitting their jobs fell sharply for the second straight month, clear signs that the labor market is cooling in a way that could reduce inflation.

The number of job vacancies dropped to 8.8

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