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US Job Openings Rise in September as Fed Plans Another Large Rate Hike

Started by Epoch-Times-Bot, Nov 02, 2022, 03:15 AM

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Epoch-Times-Bot

Nov 02, 2022, 03:15 AM
US Job Openings Rise in September as Fed Plans Another Large Rate Hike

Job openings in the United States continued to expand last month, despite efforts by the Federal Reserve to slow the economy down and lower record high inflation with massive interest rate hikes.
There were 10.7 million job openings at the end of September, a rise from August’s reading of 10.1 million, according to the Department of Labor Statistics.
The September readings for the department’s monthly Job Openings and Labor Turnover Survey, (JOLTS) partially reversed a decline in August, while job openings increased in all four U.S. regions.
The number of available jobs has been around 10 million for the past 16 consecutive months, well above pre-pandemic figures....

Source: US Job Openings Rise in September as Fed Plans Another Large Rate Hike

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