Falling U.S. job openings point to slowing labour market
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WASHINGTON (Reuters) - U.S. job openings fell to a 1-1/2-year low in August and hiring declined, suggesting employment growth was slowing largely because of ebbing demand for labour as the economy loses momentum.Despite the third straight monthly drop in vacancies reported by the Labor Department on Wednesday, job openings are still plenty enough to ease financial market fears of a looming recession. Job openings are being closely watched for signs of whether an erosion in business confidence,..