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U.S. job openings rise in June, likely exaggerate labor market health – Reuters

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U.S. job openings rise in June, likely exaggerate labor market health – Reuters

WASHINGTON (Reuters) – U.S. job openings increased in June but the surge in vacancies was accompanied by a rise in workers quitting their positions at hotels, restaurants and bars, likely because of fears of exposure to COVID-19 and problems securing child care.
Despite the increase in vacancies reported by the Labor Department on Monday, job openings remained below their pre-pandemic level, supporting the view that it could take the labor market years to recover from the public health crisis….

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