Job openings posted big September gain in positive sign for labor market ahead of payrolls report
US job openings rose sharply in September, posting a significant gain to 7.52 million according to the Bureau of Labor Statistics. This figure exceeded the Dow Jones consensus outlook of 7.15 million and increased by 333,000 from August. Alongside the jump in job postings, hiring edged higher and layoffs dropped to their lowest level in one and a half years. The quit rate also climbed, signaling heightened worker confidence in a resilient labor market characterized by steady demand across sectors such as manufacturing, government, and professional services.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Job openings reached 7.52 million in September, up 333,000 from August.
- ✓ Economists polled by Dow Jones had anticipated job openings at 7.15 million.
- ✓ Layoffs dropped to their lowest level in one and a half years.
- ✓ The Bureau of Labor Statistics scheduled the release of the October nonfarm payrolls report for Friday at 8:30 a.m. Eastern Time.
What changed
The Bureau of Labor Statistics reported that September job openings rose to 7.52 million, beating consensus expectations and accompanied by a drop in layoffs.
Live updates
-
September Job Openings Post Sharp Gain Ahead of Payrolls
US job openings rose sharply in September, posting a significant gain to 7.52 million according to the Bureau of Labor Statistics. This figure exceeded the Dow Jones consensus outlook of 7.15 million and increased by 333,000 from August. Alongside the jump in job postings, hiring edged higher and layoffs dropped to their lowest level in one and a half years. The quit rate also climbed, signaling heightened worker confidence in a resilient labor market characterized by steady demand across sectors such as manufacturing, government, and professional services.
Why it matters
The September labor market data arrives just ahead of the Bureau of Labor Statistics release of the October nonfarm payrolls report. Observers view the employment metrics as signs of sustained demand for workers despite a low hire, low fire environment. Broad-based demand expansion and shrinking layoffs provide critical signals regarding the momentum of the American economy.
What is confirmed
- Job openings reached 7.52 million in September, up 333,000 from August.
- Economists polled by Dow Jones had anticipated job openings at 7.15 million.
- Layoffs dropped to their lowest level in one and a half years.
- The Bureau of Labor Statistics scheduled the release of the October nonfarm payrolls report for Friday at 8:30 a.m. Eastern Time.
What to watch next
- The release of the October nonfarm payrolls report by the Bureau of Labor Statistics.
- Further clarity on employment momentum and unemployment rates from upcoming jobs figures.
confidence 100%Sources used for this update (9)
- CNBC — Job openings posted big September gain in positive sign for labor market ahead of payrolls report
- Yahoo Finance — Job openings and hiring edged higher in September, but it's still a 'low hire, low fire' market
- AP News — US job postings jumped sharply in September, potentially a good sign for anyone seeking employment
- Axios — New data shows labor market strength in September
- Reuters — US job openings jump in September; layoffs lowest in 1-1/2 years
- www.cnbc.com — Job openings posted big September gain in positive sign for ...
- www.cnbc.com — The October jobs report is out Friday. Here's everything to expect
- note.com — 52週高値の翌日に生活必需品と素材が下落、テクノロジー株高でS&P 500は上昇
- www.wavebrowsernews.com — Job openings posted big September gain in positive sign for ...
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community