Inside these posts: JOLTS

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Company job openings drop for 2nd month

Company job openings fell for the second straight month in June, a sign that hiring isn’t likely to pick up in the coming months.

The data comes after a weak employment report Friday that showed businesses aren’t adding enough new workers to bring down the unemployment rate, currently 9.5 percent.

Wednesday’s report, known as the Job Openings and Labor Turnover survey, or JOLTS, suggests that won’t change anytime soon.