US Job Openings Pick Up to 7.7 Million as Labor Demand Steadies
US job openings picked up in October, suggesting demand for workers is stabilizing after steep declines in recent months.
Available positions increased to 7.74 million from a revised 7.37 million reading in September, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The median estimate in a Bloomberg survey of economists called for 7.52 million openings.
Source: Bloomberg