Job openings fell in June to second-lowest level since Biden took office

Job openings fell slightly in June, a sign that the labor market is cooling a bit as the Federal Reserve keeps interest rates high.

June job openings fell to just 8.18 million, a decline of about 941,000 from a year ago, the Bureau of Labor Statistics reported in an update to the Job Openings and Labor Turnover Survey. That is the lowest level since April and the second-lowest reading since President Joe Biden entered office.