According to Odaily Planet Daily, U.S. job vacancies fell to their lowest level since early 2021 in July, and layoffs increased, consistent with signs of slowing demand for workers. The U.S. Bureau of Labor Statistics' Job Vacancies and Labor Turnover Survey showed that job vacancies fell to 7.67 million in July from a downwardly revised 7.91 million in the previous month, below all economists' expectations. After the release of the U.S. JOLTs job vacancies in July, the Federal Reserve's interest rate swaps showed that the Federal Reserve will further ease monetary policy in 2024.