US job openings rise to 7.5 million in September
The JOLTS report shows an increase of 333,000 openings and a drop in layoffs, reinforcing the assessment of a sturdier labor market.
Translated from the Portuguese original by the Panorama newsroom. Read in Portuguese
Summary written by the Panorama newsroom from the sources listed below. Facts are attributed to the original publications.
Open job positions in the United States increased in September, and layoffs decreased, according to Folha de S.Paulo. The data come from the JOLTS report, released Tuesday (3) by the Bureau of Labor Statistics.
Open positions rose by 333,000, to 7.523 million on the last day of the month. The August figure was revised up, from 7.079 million to 7.190 million. Economists surveyed by Reuters had forecast 7.1 million for September.
The job openings rate went from 4.3% to 4.5%. The result reinforces the view that the labor market remains firmer than the modest job gains recorded the previous month would suggest.
Folha points out that the report has been affected by a low response rate, well below that of before the pandemic. Economists describe the picture as one of "low hiring and low firing" and say that solid profits and resilient domestic demand keep layoffs near historic lows.