US Job Openings Rise Sharply in September

US job openings increased sharply to 7.523 million in September while layoffs fell to 1.641 million. The data supports views that the labor market remains resilient.

FILE PHOTO: A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. REUTERS/Brian Snyder/File Photo

United States job openings increased by 333,000 to 7.523 million in September as layoffs fell, pointing to a resilient labor market. The Job Openings and Labor Turnover Survey from the Labor Department exceeded the 7.100 million unfilled positions economists had forecast. This resilience persists despite broader macroeconomic headwinds and ongoing geopolitical tensions involving Israel and Iran that weigh on sentiment.