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