WASHINGTON (MarketWatch) — Job openings dropped in August after reaching a record in the previous month, the Labor Department said Friday. Job openings fell to 5.37 million from 5.67 million in July. Job openings declined in state and local government (-33,000) and nondurable goods manufacturing (-25,000), according to the report. Over the last 12 months, professional and business services and health care and social assistance have seen the largest gains, as 445,000 new positions have come open. The hiring rate stayed at 3.6%, and the quits rate stayed at 1.9%.
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