US Job Openings Slide Below 7.4 Million in June

The number of job openings eased below 7.4 million for the first time since March as demand for labor cooled heading into the summer, new government data show.

June's job vacancies declined by 178,000 to 7.36 million, from a downwardly revised 7.54 million in May, according to the Bureau of Labor Statistics report released on Aug. 4.