US labor market steadily cooling amid higher job openings, low layoffs

By Yahoo! Finance   |   1 month ago
US labor market steadily cooling amid higher job openings, low layoffs

U.S. job openings rose in October with a decrease in layoffs, indicating a steady labor market. Despite low hiring rates, confidence is growing among workers. Federal Reserve may consider another interest rate cut. Job openings increased in various sectors, but hires declined in several industries.

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