Job openings fall to new 3-year low

(CNN)– Job openings have fallen to the lowest point in three years in another signal the U.S. economy is slowing.

There were roughly 8 million jobs available in April, a second straight month of shrinking openings.

In data released earlier today, the Bureau of Labor Statistics notes that’s the lowest since February 2021.

It’s also less than economists were expecting.

As of April, there were an estimated 1.2 available jobs for every job seeker, a ratio not seen since June 2021.