Fewer Job Openings Reported As Labor Market Slows

If you’re looking for a job, you won’t want to read this. Job openings in April hit the lowest point since 2008, indicating that employers are holding off on filling positions. The U.S. Department of Labor says the number of openings fell by 325,000 to 3.42 million. At the same time,  layoffs rose in April, the latest month in which this data is available. Job openings declined in manufacturing, professional and business services, and in state and local governments. It’s …