The US Bureau of Labor Statistics released its Job Openings & Labor Turnover Survey (JOLTS) data July which revealed 7.67 million job openings in the month, lower than the estimated 8.1 million. This marks the lowest level since January 2021.

Catalyst Anchors Madison Mills and Brad Smith break down the latest jobs data and what it is signaling for the labor market ahead of the August jobs report due out Friday.

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This post was written by Nicholas Jacobino