BLS: Job Openings Rose Slightly in October

Job Openings Jump by 443,000 in 2 Months: Labor Market Retightens, Fed Faces Scenario of Solid Job Market and Accelerating Inflation

7.67 million job openings, highest since May, 2nd highest all year, and up from a year ago.

US job openings: October sees modest growth, hiring remains tepid — what it means for American workers

Job openings in the US rose modestly in October, while hiring dropped, indicating cautious employer behaviour amid economic uncertainty. Meanwhile, the Federal Reserve is expected to lower interest rates as the labour market remains stagnant.

BLS: Job openings rose slightly in October

Job openings inched up slightly in October, despite fears of shrinkage. The Bureau of Labor Statistics released a delayed October jobs report Tuesday.

Layoffs give Fed doves one last reason to be cautious: job vacancies in October rise to 7.67 million, well above 7.12 million estimated

The Corner Intermoney | As a prelude to today’s Federal Reserve meeting, on Tuesday we learned the latest labour market data. Specifically, job vacancies in October rose to 7.67 million, well above the 7.12 million estimated by the Bloomberg consensus, although there were nuances that detracted significantly from the overall figure. Lower hiring and increased layoffs suggest a somewhat weaker labour market. On the one hand, the number of layoffs…

US labor market turns into exclusive club” as churn slow

The American job market is starting to resemble the K-shaped economy surrounding it. New data from the Job Openings and Labor Turnover Survey shows more advertised positions in October, yet far less movement underneath the surface. Holiday staffing pushed openings to a five month high of 7.67 million, up from 7.23 million in August. However hiring stayed weak, layoffs rose, and workers clung to their current roles. The quits rate, a key signal o…