US Job Openings Reached a 5-Month High in October

Important Announcement from the U.S. Department of Labor

The U.S. Department of Labor has released the JOLTS (Job Openings and Labor Turnover Survey) data for October 2023. According to the announced data, the number of open jobs in the country increased by 12 thousand to reach 7 million 670 thousand.

Increase Above Market Expectations

Market analysts had predicted that the number of open jobs would decrease to 7 million during this period. However, the announced data showed a better performance than these expectations.

Comparison with Previous Data

The number of open jobs reported for September was 7 million 658 thousand. This increase is considered an indicator of economic recovery and vitality in the labor market.