WASHINGTON, Sept. 10 (Xinhua) -- U.S. employers posted fewer job openings in July from the previous month, an evidence indicating the labor market recovery is losing steam, U.S. Labor Department said on Tuesday.
The number of job openings dropped 4.7 percent to 3.689 million in July from 3.869 million in June, said the department.
A separate Labor Department report released earlier this month showed that the U.S. unemployment rate stood at 7.3 percent in August, and the total number of unemployed Americans topped 11.3 million.
That means an average of about 3.1 Americans are competing for every job opening opportunity. Economists believe that in a healthy economy, the ratio of the unemployed people and the job openings is roughly 2 to 1.