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flag U.S. job openings held steady at 7.23 million in August, with hiring slowing and resignations falling, signaling labor market stagnation amid economic uncertainty.

flag U.S. job openings held steady at 7.23 million in August, slightly above July’s level and defying expectations of a decline, according to the Labor Department’s JOLTS report. flag Hiring slowed to 5.13 million, the weakest since June 2024, while resignations dropped to 3.09 million, signaling reduced worker confidence in finding better jobs. flag Layoffs also fell, and unemployment remained low at 4.3%. flag The labor market shows signs of stagnation amid ongoing economic uncertainty from trade policies and a looming government shutdown. flag The Federal Reserve recently cut interest rates for the first time in 2025, signaling further cuts may follow. flag Economists expect a modest 50,000 jobs added in September, though the release of the report could be delayed by a shutdown.

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