EconomyStockU.S. job openings fall in August; fewer workers quit

1 year ago124 min
https://topinvestingtoday.com/wp-content/uploads/2020/10/LYNXMPEG951GE_L-VHPO0g.jpeg
imageEconomic Indicators2 hours ago (Oct 06, 2020 10:35AM ET)

(C) Reuters. Job seekers prepare for career fair to open at Rutgers University in New Brunswick, New Jersey

(Reuters) – U.S. job openings declined in August for the first time in four months led by fewer openings in the construction and retail sectors, and fewer workers quit their jobs.

Job openings, a measure of labor demand, fell by 204,000 to 6.49 million on the last day of August, the Labor Department said on Tuesday in its monthly Job Openings and Labor Turnover Survey, or JOLTS. It was the first monthly decline since April, and vacancies remain below their level of 7 million in February. The job openings rate fell to 4.4% from 4.6% in July.

The number of people voluntarily quitting their jobs fell by 139,000 to 2.79 million.

The JOLTS report followed news last Friday that the economy created 661,000 jobs in September after adding 1.489 million in August. About half of the 22.2 million jobs lost at the depth of the coronavirus pandemic have been recovered.

U.S. job openings fall in August; fewer workers quit

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Leave a Reply

Your email address will not be published. Required fields are marked *