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US job openings little changed in October

December 07, 2016

The number of US job openings in October edged down 1.7% from September to 5.4 million, according to seasonally adjusted numbers released today by the US Bureau of Labor Statistics. The number of hires also fell 2.2% from September.

The job openings rate — a measure of job openings compared with total employment — remained at 3.7% in October from September.

MarketWatch reported job openings hit an all-time high earlier this year, but quits haven’t regained the highs they touched before the Great Recession. The jobless rate fell to a nine-year low in November, and many economists believe the economy is at or near full employment.