US Job Openings Rise To 8 Million As Labor Market Remains Sturdy
October 1, 2024 10:26AM CDT
WASHINGTON (AP) — U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience.
The Labor Department reported Tuesday that employers posted 8 million vacancies in August, up from 7.7 million in July.
Economists had expected openings to be virtually unchanged.
Layoffs fell in August.
But the number of Americans quitting their jobs — a sign of confidence in the labor market — slid in August.