Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday.

U.S. job openings fell in December, a sign that the labor market is cooling but remains healthy. Openings fell to 7.6 million from 8.2 million in November, the Labor Department reported Tuesday.

U.S. job openings fell by the most in 14 months in December, but steady hiring and low layoffs suggested the labor market was not abruptly slowing down and that the Federal Reserve probably can hold off on cutting interest rates until at least June.