• Job openings increased to 4.83 million in October

Market news

9 December 2014

Job openings increased to 4.83 million in October

The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday. Job openings climbed to 4.83 million in October from 4.69 million in September. September's figure was revised down from 4.74 million.

Analysts had expected job openings to rise to 4.82 million.

The number of job openings was slightly higher for total private, while declined for government in October.

The hires rate was 3.6% in October, unchanged from September.

Total separations rose to 4.82 million in October from 4.81 million in September.

The JOLTS report is one of the Federal Reserve Chair Janet Yellen's favourite labour market indicators.

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