U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
U.S. job openings fell to 7.1 million in August. Despite this decline and rising energy costs linked to conflict with Iran, the labor market remains resilient.
The U.S. job market is sturdy, though unspectacular, despite an energy shock from the Iran war as hiring rebounds from a miserable 2025.
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