What does the dip in job openings mean for the economy

WASHINGTON (NEXSTAR) — Labor statistics show that the job market shrunk to its lowest levels since May 2021, however, the White House said that the economy is on the right path. “Yet another good indication the economy is recovering from this pandemic economy,” White House Economist Heather Boushey said. Boushey said for the first time in nearly two years that the number of job openings across the United States dipped below 10 million. This in turn could cool inflation-fueled but competitive wages. “There’s a better alignment between the demand for workers and workers available,” Boushey said. Even with fewer available…