Job openings unexpectedly rose in August by 690,000 in a surprise that was led by a jump in demand for workers in business services, the Labor Department reported on Tuesday.
Job openings rise to 9.6 mil from 8.8 mil last month.
That means analysts will wait for other data on the job market out this week to see whether the job openings report is an anomaly.
The job openings data lag the other labor market reports this week by a month.
On Friday, the government will release its monthly jobs report for September with analysts looking for a continued moderation in the pace of growth in employment.
Persons:
“, ” Kathy Jones, Charles Schwab, ”, Geno Cutolo, Mark Hamrick, ” Hamrick, Brij Khurana, Khurana
Organizations:
Labor Department, Charles, Charles Schwab Center, Financial Research, Federal, Wellington Management
Locations:
North America