February US job openings slip to 7.6M, consistent with a healthy but decelerating job market
By PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) — Employers posted 7.6 million job openings in February, a sign that that the job market is slowing but remains healthy. Layoffs of federal workers hit the highest level since the COVID-19 pandemic slammed the economy in 2020, as Elon Musk’s job cuts start to show up in national jobs data.
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The number of vacancies fell slightly from a revised 7.8 million in January and from a 8.4 million a year earlier, the Labor Department reported Tuesday. Openings have come down more or less steadily since peaking at 12.1 million in March 2022 when the economy was still roaring back from COVID-19 lockdowns.
