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U.S. Job Openings Fell, Layoffs Rose in January
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U.S. job openings fell in January and layoffs rose in a sign demand for workers could be cooling a little in the historically tight labor market.
There were a seasonally adjusted 10.8 million job openings in January, the Labor Department said Wednesday, down from December’s upwardly revised 11.2 million. The government figures join private-sector estimates through February showing early signs of cooling demand for U.S. workers.
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