Thursday, December 29, 2022

US job openings fall to 10.3 million in hopeful sign for Fed

US job openings fall to 10.3 million in hopeful sign for Fed

U.S. job openings fell in October, reversing a surprise jump in the prior month, in a hopeful sign for the Federal Reserve as it seeks to curb demand across the economy. The number of available positions decreased to 10.3 million in October from 10.7 million a month earlier, the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS, showed Wednesday.

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