U.S. job openings rise slightly in September

WASHINGTON (Reuters) - U.S. job openings increased moderately in September and layoffs appeared to abate, pointing to a gradual labor market recovery from the COVID-19 pandemic.

Reuters November 11, 2020 00:07:38 IST
U.S. job openings rise slightly in September

US job openings rise slightly in September

WASHINGTON (Reuters) - U.S. job openings increased moderately in September and layoffs appeared to abate, pointing to a gradual labor market recovery from the COVID-19 pandemic.

Job openings, a measure of labor demand, were up 84,000 to 6.4 million on the last day of September, the Labor Department said on Tuesday in its monthly Job Openings and Labor Turnover Survey, or JOLTS. Vacancies remained below their 7 million level in February.

The job openings rate was unchanged at 4.3% in September. Layoffs dropped 200,000 to 1.3 million. The layoffs rate fell to 0.9% from 1.1% in August.

The JOLTS report followed on the heels of news last Friday that the economy created 638,000 jobs in October, the smallest gain since the jobs recovery started in May. Employment remains 10.1 million jobs below its peak in February. Millions of people are experiencing long periods of unemployment.

(Reporting by Lucia Mutikani; Editing by Paul Simao)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

France reports 35,879 new coronavirus cases, overtakes Russia
World

France reports 35,879 new coronavirus cases, overtakes Russia

By Shaina Ahluwalia and Geert De Clercq PARIS (Reuters) - France reported 35,879 new coronavirus cases on Wednesday, taking the total to 1.86 million, overtaking Russia and making France the worst affected country in the European region. With a total of 1,865,538 confirmed cases, France is the fourth-worst affected country in the world for novel coronavirus infections, according to a Reuters tally.

Hong Kong pro-democracy lawmakers to resign as Beijing moves to quash opposition
World

Hong Kong pro-democracy lawmakers to resign as Beijing moves to quash opposition

By Jessie Pang and Sharon Tam HONG KONG (Reuters) - Hong Kong's pro-democracy opposition lawmakers said on Wednesday they would resign in protest against the dismissal of four of their colleagues from the city assembly after Beijing gave local authorities new powers to further curb dissent. The Chinese parliament earlier adopted a resolution allowing the city's executive to expel lawmakers deemed to be advocating Hong Kong independence, colluding with foreign forces or threatening national security, without having to go through the courts

Chile accuses Colombian man in serial killings of homeless people
World

Chile accuses Colombian man in serial killings of homeless people

SANTIAGO (Reuters) - Chilean authorities have accused a Colombian man of murdering at least seven people, including several who were homeless on the streets of the capital Santiago. Police arrested Diego Ruiz Restrepo, 30, on Monday after using surveillance camera images to identify him, the regional prosecutor's office said on Twitter.