US: Job openings reached a new series high of 6.9 million

"The number of job openings was little changed at 6.9 million on the last business day of July," the U.S. Bureau of Labor Statistics reported on Tuesday.

Key takeaways from the press release

• Over the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively.
• The job openings rate was 4.4 percent.
• The number of job openings was little changed for total private and for government.
• The number of hires was little changed at 5.7 million in July. The hires rate was 3.8 percent.