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US job openings rose last month, though hiring slowed, in mixed picture for labor market

  • Job postings in the United States rose 5% to 7.7 million in October from 7.4 million in September, according to the Labor Department.
  • Despite the rise in openings, the figure is significantly lower than the 8.7 million job postings a year ago.
  • The unemployment rate remained stable at 4.1%, indicating the job market's loss of momentum.
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