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Confirmed: America is in a serious jobs slump

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Confirmed: America is in a serious jobs slump | CNN Business

Employment gains were so weak in the July jobs report that President Donald Trump fired the head of the bureau charged with collecting the data, baselessly claiming it was rigged.

The number of job openings was an estimated 7.18 million at the end of July, falling from a downwardly revised 7.36 million the month before, according to Bureau of Labor Statistics data released Wednesday.

Job openings are now not only at their lowest level in 10 months, but they’re also below the number of unemployed workers (at 7.2 million) for the first time since April 2021.

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