The post Job Openings Declined In July. These Industries Added The Most. appeared on BitcoinEthereumNews.com. Topline The labor market appeared to remain active despite losing some momentum in July, as the hiring rate sped up despite fewer job openings, according to federal data released Wednesday. Earlier federal data indicated hiring dropped sharply in July as the job market appeared to lose momentum. Getty Images Key Facts The number of job openings declined to 7.2 million in July, the Bureau of Labor Statistics reported, below June’s 7.4 million job openings and consensus analyst estimates of 7.37 million, according to FactSet. Labor demand appeared to remain steady in July, however, as 5.3 million people were hired, nearly matching June’s total, while the number of layoffs and discharges remained unchanged at 1.8 million. Labor Department data released in August indicated the unemployment rate rose in line with economist forecasts of 4.2% in July, while 73,000 nonfarm jobs were added, falling well below projections and less than half the 147,000 added in June. What Industries Opened More Jobs In July? Construction firms added about 64,000 jobs from June to July, the most of any industry—though it also recorded the biggest uptick in layoffs and discharges with roughly 49,000 more than in June. The manufacturing industry added the second-most number of jobs (41,000) and cut 6,000 more workers month-to-month, while financial services firms added 47,000 jobs and dropped 1,000 fewer workers than the previous month. Transportation, warehousing and utilities industries added 47,000 jobs, information firms added 13,000 and accommodation and food services added 14,000. Private education and health services had the largest decline in job openings, with 181,000 fewer job openings from June to July, followed by retail (110,000) and mining and logging (13,000). The federal government reported 135,000 job openings, an uptick of 18,000 from June to July, after laying off or discharging 5,000 workers. What Industries Laid Off… The post Job Openings Declined In July. These Industries Added The Most. appeared on BitcoinEthereumNews.com. Topline The labor market appeared to remain active despite losing some momentum in July, as the hiring rate sped up despite fewer job openings, according to federal data released Wednesday. Earlier federal data indicated hiring dropped sharply in July as the job market appeared to lose momentum. Getty Images Key Facts The number of job openings declined to 7.2 million in July, the Bureau of Labor Statistics reported, below June’s 7.4 million job openings and consensus analyst estimates of 7.37 million, according to FactSet. Labor demand appeared to remain steady in July, however, as 5.3 million people were hired, nearly matching June’s total, while the number of layoffs and discharges remained unchanged at 1.8 million. Labor Department data released in August indicated the unemployment rate rose in line with economist forecasts of 4.2% in July, while 73,000 nonfarm jobs were added, falling well below projections and less than half the 147,000 added in June. What Industries Opened More Jobs In July? Construction firms added about 64,000 jobs from June to July, the most of any industry—though it also recorded the biggest uptick in layoffs and discharges with roughly 49,000 more than in June. The manufacturing industry added the second-most number of jobs (41,000) and cut 6,000 more workers month-to-month, while financial services firms added 47,000 jobs and dropped 1,000 fewer workers than the previous month. Transportation, warehousing and utilities industries added 47,000 jobs, information firms added 13,000 and accommodation and food services added 14,000. Private education and health services had the largest decline in job openings, with 181,000 fewer job openings from June to July, followed by retail (110,000) and mining and logging (13,000). The federal government reported 135,000 job openings, an uptick of 18,000 from June to July, after laying off or discharging 5,000 workers. What Industries Laid Off…