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.
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