US job openings jump to 7.5 million in September

Summarised from 2 outlets · Updated 3 Nov, 15:51 · Archive

US job openings rose to 7.5 million in September, the largest number since May, as stronger economic growth encourages hiring.

US job openings rose to 7.5 million in September from a revised 7.19 million in August, according to the Labor Department's Job Openings and Labor Turnover Survey reported Tuesday. This is the largest number of openings since May and up from a recent low of 6.9 million in March.

The increase comes as stronger economic growth may be encouraging more hiring. Gross hiring rose and layoffs fell in September, signs that hiring could improve. Yet the trend would need to continue for several months to suggest real improvement, as hiring has been sluggish for nearly three years.

While layoffs have remained historically low, indicating job security for the employed, it remains much harder than normal for those looking for work to find a job. The government will issue the October jobs report on Friday, forecast to show employers added 65,000 positions last month, according to data provider FactSet. That would be an improvement from 29,000 added in September. The unemployment rate is expected to stay at 4.2%.

How it is being reported

• US job postings jumped sharply in September, a sign hiring could pick upU.S. employers ramped up their job postings in September as stronger economic growth may be encouraging more hiring.Clickorlando · 3 Nov, 15:02
• US job postings jumped sharply in September, a sign hiring could pick upU.S. employers ramped up their job postings in September as stronger economic growth may be encouraging more hiring.News4Jax · 3 Nov, 15:02

In this story: United States · Labor Department · FactSet

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