US Job Openings Unexpectedly Top 8 Million as Labor Market Stays Intact

Hiring and layoffs stall while job quits decline.
US Job Openings Unexpectedly Top 8 Million as Labor Market Stays Intact
A 'Now Hiring' sign at a coffee shop in Greensboro, N.C., on Sept. 19, 2024. Madalina Vasiliu/The Epoch Times
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Job openings unexpectedly increased in August while new hires and layoffs were little changed, according to new data from the Bureau of Labor Statistics (BLS).

The Job Openings and Labor Turnover Summary (JOLTS) showed that the number of employment vacancies rose by 330,000, to 8.04 million, the highest level since May. The July reading was revised higher to 7.711 million from 7.673 million.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."