Reported 1 day ago
The latest report from the US Bureau of Labor Statistics shows 7.74 million job openings for October, signaling sustained strength in the labor market. Economist Elise Gould noted that while hiring has slowed, the increase in job openings and quits reflect a strong economy. She emphasized the importance of monitoring wages and job growth in the upcoming November report, and highlighted that a steady unemployment rate is promising, although future increases could suggest a softening labor market.
Source: YAHOO