US job openings rose unexpectedly in July after a sizable upward revision to the previous month, underscoring persistent tightness in the labor market as employers compete for a limited supply of workers.
The number of available positions edged up to 11.2 million in the month -- topping all estimates -- from a revised 11 million in June, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.
The median estimate in a Bloomberg survey of economists was for a decline to about 10.4 million from a previously reported 10.7 million.
Vacancies have exceeded 11 million since ...
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