Investing.com - The monthly Job Openings and Labor Turnover Survey, or JOLTS, showed that job openings rose to a new record high in July, according to data released on Tuesday.
Job openings, a measure of labor demand, rose by 117,000 to a new series high of 6.939 million in July, the Labor Department said,
Economists had forecast job openings of 6.646 million.
The report also indicated that, over the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively.
Within separations, the quits rate was little changed at 2.4% and the layoffs and discharges rate was unchanged at 1.1%.