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US: Job openings inched up in October, but labor market worries persist
Job openings ticked slightly higher in October, surpassing economists’ expectations, though layoffs increased, government data released Tuesday showed. The Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics, which showed 7.7 million jobs open at the end of October, was hotly anticipated by market watchers and economists looking for signs of whether the labor market is further deteriorating or locked in a cycle of low hiring and low firing. Economists polled by Bloomberg had projected 7.12 million openings for the month. The public hadn’t received an official read on job openings ... (full story)
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U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy. The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October, close to September’s 7.66 million. The Job Openings and Labor Turnover Survey (JOLTS), which was delayed by the extended ...
The number of job openings was unchanged at 7.7 million in October, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5.1 million. Within separations, both quits (2.9 million) and layoffs and discharges (1.9 million) were little changed. This release includes estimates of the number ...
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