The number of unemployed Americans is now higher than the number of job openings for the first time since 2021, according to a new government report.

In its Job Openings and Labor Turnover Survey released on Wednesday, the Bureau of Labor Statistics reported 7.24 million job applicants and 7.18 million available job positions. The number of job openings is below economic forecasts, which estimated there would be 7.38 million vacancies. Compared to July, the number of open jobs in June was 7.4 million.

Recommended Stories

Gas prices: Higher than expected on Labor Day, but still lowest in years

Trump says US military power would be 'instantly obliterated' without tariffs

The ratio of job openings to unemployed people fell to 0.99 in July, the lowest since 0.96 in April 2021.

“T

See Full Page