Job openings plunged by more than 1.1 million in August

The number of job openings plunged by more than a million in August, providing a potential early sign that the massive U.S. labor gap is beginning to close.

Available positions totaled 10.05 million for the month, a 10% drop from the 11.17 million reported in July, according to

Tuesday. That was also well below the 11.1 million FactSet estimate and was the biggest one-month decline since April 2020 in the…