The US Bureau of Labor Statistics reported on Tuesday that job openings in the United States totaled 7.5 million in September, a rise from the revised 7.19 million recorded for the prior month. The job openings rate registered at 4.5%.
The Job Openings and Labor Turnover Survey (JOLTS) indicated that the volume of hires was nearly steady at 5.4 million, with the hire rate holding at 4.5%. Total separations and the separations rate registered at 5.3 million and 3.3%, respectively, exhibiting minimal variation from the previous month. The quits rate was recorded at 2.1%.