10/3, 4:00 PM (Source: TeleTrader)
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US job openings up to 9.6 million in August

Job openings in the United States rose by 690,000 in August compared to the previous month to hit 9.6 million, with the job opening rate at 5.8%, the US Bureau of Labor Statistics reported on Tuesday. The figure was much higher than analysts had expected.

The Job Openings and Labor Turnover Survey (JOLTS) said that the number of hires was little changed at 5.9 million, while the hires rate stood at 3.7%.

The total separations or turnover rate was 3.6%, at 5.7 million in August. Quits stood at 3.5 million, while layoffs and discharges were little changed compared to July at 1.7 million.

Baha Breaking News (BBN) / JJ