Tags: job openings | labor market | inflation | interest rates

US Job Openings Remain Elevated in September

US Job Openings Remain Elevated in September
A help wanted sign inside a JCPenney store at The Shops at Tanforan in San Bruno, California (Justin Sullivan/Getty Images)

Wednesday, 01 November 2023 10:39 AM EDT

U.S. job openings increased in September, pointing to persistent labor market tightness that is underpinning the economy and likely to see interest rates staying high for some time.

Job openings, a measure of labor demand, were up 56,000 to 9.553 million on the last day of September, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, Wednesday.

Data for August was revised lower to show 9.497 million job openings instead of the previously reported 9.610 million. Economists polled by Reuters had forecast 9.250 million job openings in September.

Fed officials were due to conclude their latest two-day policy meeting on Wednesday. The U.S. central bank is expected to leave interest rates unchanged but maintain its hawkish bias as a recent spike in U.S. Treasury yields and stock market sell-off have tightened financial conditions.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
U.S. job openings increased in September, pointing to persistent labor market tightness that is underpinning the economy and likely to see interest rates staying high for some time.
job openings, labor market, inflation, interest rates
140
2023-39-01
Wednesday, 01 November 2023 10:39 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved