US EditionU.S. job openings barely budged in October, coming in just below 7.7 million
Job openings remained near 7.7 million in October while layoffs rose and quits fell, reflecting ongoing labor market cooling and economic uncertainty, Labor Department data showed.
- On Tuesday, the Bureau of Labor Statistics reported U.S. employers posted 7.67 million job openings in October, nearly flat with September's 7.66 million, showing little net change.
- Because federal data collectors were furloughed, the report delayed September's JOLTS data and combined it with October's after the 43-day federal government shutdown .
- Tuesday's report showed layoffs rose while quits fell and hiring activity slipped, signaling weaker labor-market confidence among U.S. employers and workers.
- The Labor Department will issue October job data on Tuesday, but did not publish the unemployment rate due to the shutdown, influencing Fed deliberations.
- With openings down from a 12.1 million peak, the job market has looked shaky in recent months as inflation remains stuck above the Fed's 2% target due to importers and tariffs.
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Job openings stayed consistent in October, layoffs rose, according to Department of Labor
The U.S. Department of Labor released its Job Openings and Labor Turnover Survey for September and October on Tuesday, with findings showing
US Job Openings Hold Steady in October After September Surge: BLS
U.S. job openings were little changed in October, reaffirming elevated uncertainty over the U.S. economy, according to delayed data from the Bureau of Labor Statistics released on Dec. 9. Following a solid 431,000 gain in September, vacancies rose more modestly in October, up 12,000 to 7.67 million. The Job Openings and Labor Turnover Survey (JOLTS)—postponed due to the government shutdown—found that openings were led by the retail trade, with 1…
October Jobs Data Shows Weakening Labor Market Despite Uptick In Openings
New federal data shows the U.S. job market weakened in October despite a small uptick in posted openings. The shutdown-delayed Job Openings and Labor Turnover Survey (JOLTS) reported 7.67 million vacancies, barely above September’s level, but hiring slowed, layoffs rose and the quits rate fell to a five-year low — a sign workers lack confidence to move jobs. The report, released Tuesday by the Bureau of Labor Statistics, was distorted by the gov…
Chicago Tribune
Independent EspañolBy PAUL WISEMAN WASHINGTON (AP) — Job vacancies in the United States barely changed in October, reaching 7.7 million with continuing uncertainty about the direction of the economy. The Department of Labor reported Tuesday that employers posted 7.67 million vacancies in October, close to 7.66 million in September. The Job Offers and Rotation Survey (JOLTS), which was delayed due to the government’s prolonged closure, also showed that layoffs incr…
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