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US job openings and quits rise in September in latest official data

By ChordNews · First written

U.S. jobs market perks up, but it’s still not a great time to get hired
Image: marketwatch.com
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Summary

Job openings in the US rose in September, with the rate reaching a four-month high, according to the latest official turnover figures, and hiring also increased. The quits rate rose as well, which the Financial Times says supports the Federal Reserve's narrative of a resilient labour market. MarketWatch describes the improvement as mild but perhaps not sustainable in a sluggish US labour market.

Later: US economy adds 165,000 jobs in October, beating forecasts

Timeline

  1. Financial Times

    Source ↗

    Reports that job openings and quits rates both rose in September, and that the figures support the Fed's narrative of a resilient labour market.

  2. MarketWatch

    Source ↗

    Reports that US job openings rose in September to a four-month high and hiring also increased, signalling a mild but perhaps not sustainable improvement in a sluggish labour market.

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