Job Openings Increased to 7 Million in October*
According to the U.S. Bureau of Labor Statistics, the unemployment rate has remained the same at 3.7% in September and October.
Job Openings: [7 million]
Jobs openings have increased to 7 million in October, displaying an increase in the job market.
Hire Rate [3.9%] & Quit Rate [2.3%]
The hire rate in October (3.9%) has increased from 3.8% in September and the quit rate has decreased from 2.4% in September to (2.3%) in October.
* All Data is from Bureau of Labor Statistics, U.S. Department of Labor online at www.bls.gov