The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further signals of cooling in the labor market. There were 8.06 million available jobs posted in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday. That’s below the downwardly revised 8.36 million seen a month before. Economists were expecting job openings to register 8.36 million, according to FactSet estimates. As of April, there were an estimated 1.2 available jobs for every job seeker. That’s the lowest ratio since June 2021, ... (full story)