Reported 1 day ago
In October, U.S. job openings rose moderately to 7.744 million, despite a revision of September's data, indicating a slowing labor market. Layoffs decreased to 1.633 million, suggesting stability amid the effects of hurricanes and strikes. Economists predict job growth will accelerate in November, with payrolls expected to increase by 200,000, while the unemployment rate may rise to 4.2%. This employment data could influence Federal Reserve decisions on interest rates.
Source: YAHOO