Business

Job Vacancies Increase as US Labor Market Signals Resilience

Hiring and layoffs stalled in January as job openings rose.
Job Vacancies Increase as US Labor Market Signals Resilience
A now hiring sign during Black Friday at a mall in Hanover, Md., on Nov. 29, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
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Job openings unexpectedly rose in January, signaling a robust labor market in the early days of the new Trump administration.

According to the Job Openings and Labor Turnover Summary (JOLTS), employment vacancies surged by 232,000 to 7.74 million in January, up from a downwardly adjusted 7.51 million in the previous month.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."