12/8/2021, 4:00 PM (Source: TeleTrader)
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US job openings up to 11 million in October

The number of job openings in the United States stood at 11 million in October, up 431,000 from the figure documented in September, the country's Bureau of Labor Statistics reported on Wednesday. The job openings rate rose by 0.2 percentage points month-over-month to 6.9%.

The Job Openings and Labor Turnover Survey (JOLTS) showed that the number of hires declined by 82,000 to 6.46 million and that the hire rates came in at 4.4%, unchanged from the previous month.

The separation rates were down 0.2 percentage points from September to land at 4% in October and the total separations levels decreased by 255,000 to 5.89 million. The quits rate contracted by 0.2 percentage points month-on-month to stand at 2.8%, while the layoffs and discharges rate remained unchanged at 0.9%.

Baha Breaking the News (BBN) / MS