U.S. Job Openings Rise to 7.52 Million in September Amid Increasing Hiring and Decreasing Layoffs
The Bureau of Labor Statistics (BLS) reported a significant surge in job openings for September, reaching 7.52 million. This figure represents an increase of 333,000 from August, significantly exceeding the Dow Jones consensus estimate of 7.15 million. The report indicates strengthening labor market dynamics, as hiring rose by 131,000 to reach 5.4 million, while layoffs and discharges dropped to a low of 1.64 million. Worker mobility also saw an uptick, with total employees leaving jobs rising to 3.36 million, the highest level since March 2025. This spike in quits is often viewed as a sign of increased worker confidence. These findings provide critical context ahead of Friday's nonfarm payrolls report, which markets expect to show an increase of 59,000 jobs.
Topics: Bureau of Labor Statistics factory orders hiring rates job openings JOLTS report layoffs
Part of the story U.S. Job Openings and Quits Rise in September According to JOLTS Data (2 articles)