Job Market Stagnant: Mixed Signals in October

Job openings in the US rose to 7.7 million in October, surpassing expectations, but this positive news was tempered by a significant increase in layoffs. The JOLTS report, released by the Bureau of Labor Statistics, revealed a mixed signal for the labor market, with some private sector reports indicating a more cautious outlook. The upcoming November unemployment rate and payroll changes will provide further insight into the current economic landscape.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.