The labor market continues to show resilience, with the number of job openings barely budging in late September at 9.6 million, the Labor Department said on Wednesday.
Economists had predicted job openings would decline to around 9.278 million, but the number at 9.6 million was more or less in line with the revised 9.5 million a month earlier.
Job openings increased in accommodation and food services with 141,000 positions added as well as in arts, entertainment, and recreation, up by 39,000.
While that was below estimates of a 150,000 gain, it was an increase from the 89,000 jobs created in September.
The Federal Reserve has been looking for the labor market to slow, and on Friday the government will report the number of jobs created in October.
Persons:
Economists, ”, Gargi Chaudhuri
Organizations:
Labor Department, Federal Reserve
Locations:
Americas