• Job openings fall to 5.383 million in October

Market news

8 December 2015

Job openings fall to 5.383 million in October

The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday. Job openings fell to 5.383 million in October from 5.534 million in September. September's figure was revised up from 5.526 million.

The number of job openings declined for total private (4.887 million) in October from September, while the number of job openings rose for government (496,000).

The hires rate was 3.6% in October.

Total separations declined to 4.863 million in October from 4.886 million in September.

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

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