every Saint has a past. Every Sinner has a Future
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US Job Openings Fall to 10.3 Million in Hopeful Sign for Fed
US job openings fell in October, reversing a surprise jump in the prior month, in a hopeful sign for the Federal Reserve as it seeks to curb demand across the economy. The number of available positions decreased to 10.3 million in October from 10.7 million a month earlier, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Wednesday. The figure was roughly in line with the median estimate in a Bloomberg survey of economists. The report suggests demand for workers, while still robust, is moderating amid a darkening economic outlook and rising interest rates. Even so, many employers are ... (full story)