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Job Openings Report to Indicate Tightness of Labor Market
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The Labor Department’s October report on job openings and turnover will gauge demand for workers in the still-tight U.S. labor market.
The job market remains on a strong footing but has gradually cooled in recent months, with companies in sectors such as tech, entertainment and real estate shedding jobs. Employers added 261,000 jobs in October, a robust number but the smallest gain this year. Jobless claims have remained relatively low, but have been edging higher since record lows reached in the spring.
Read more on wsj.comAbout this in other media
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U.S. Jobless Claims Rise Slightly in Tight Labor Market wsj.com /1 year ago
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