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U.S. JOB OPENINGS HIT EIGHT-MONTH LOW, LABOR MARKET STILL STRONG


U.S. job openings fell to an eight-month low in August and hiring was little changed, suggesting some easing in labor market conditions amid an aging economic recovery. Still, details of the Labor Department's monthly Job Openings and Labor Turnover Survey (JOLTS) report published on Wednesday continued to point to a solid jobs market, with a steady rise in the number of people voluntarily quitting their jobs and declining layoffs. Job openings, a measure of labor demand, declined 388,000 to a seasonally adjusted 5.4 million, the lowest level since December,

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