News

US Job Openings Climbed Back to Over 11 Million, Quits Rate Falls to 2.8%

0
new career ahead - words in 3d silver grey metal gear wheels, business professional growth concept

US Job openings rose in October, indicating a recent stagnation in employment growth because of the shortage of workers rather than fading demand.

Source: US Bureau of Labor Statistics

DXY down -0.19%, EUR USD up +0.44%

Job openings increased by 431,000 to 11 million on the final day of October. The figure was the second-highest on record.

The report signals the labor market remained unusually tight, with millions of Americans still out of work compared to early 2020.

US job growth accelerated in October as the Delta variant waned and companies ramped up hiring efforts for the holiday season.

Fewer employees left their jobs than in the previous month. Quits dropped to 4.2 million in October. That’s down from the record-high of 4.4million quits recorded in September

Visa Rolls Out Crypto Consultancy, Advisory Services

Previous article

Forex Trend Hunter Review: An FX Robot With Insufficient Performance Proof

Next article

You may also like

Comments

Leave a Reply

More in News