Business Maverick: US Job Openings Fall to 10.3 Million in Hopeful Sign for Fed

at several large companies also appeared to have made Americans more hesitant to leave their current roles. The quits rate, a measure of voluntary job leavers as a share of total employment, dropped to 2.6%, the lowest since May 2021. Some 4 million Americans quit their jobs in October.

Some of the largest decreases in vacancies were in state and local government, excluding education; nondurable goods manufacturing and federal government. Openings increased in other services and finance and insurance.The ratio of openings to unemployed people dropped to 1.7 in October, matching the lowest in a year. That compares with roughly 1.9 in September.

Fed officials watch that ratio closely and have pointed to the elevated number of job openings as a reason to why the central bank may be able to cool the labor market — and therefore inflation — without an ensuing surge in unemployment. Chair Jerome Powell is scheduled to discuss the labor market and broader economic outlook later Wednesday.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Worsening power crisis threatens the viability of small business, says Reserve BankSustained load-shedding is cited as one of the stumbling blocks for economic growth and positive investor sentiment South Africa's government is threatening small business, property rights, the right to self and property defense, the right to earn a living, the right to leave your home, etc. South Africa's government is, was and always will be a filthy criminal imposition that leeches off you. Don't worry Top Cop de Ruyter and Chief motivator CyrilRamaphosa will sort out the Eskom_SA. You just have to look past loadshedding the Prez said.
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Record power outages risk SA's financial stability, Reserve Bank warns | BusinessSouth Africa’s central bank has raised concerns about the threat that an inadequate and unreliable power supply poses to financial stability as the country experiences record blackouts. | News24_Business _Business Noooooo really? VoetsekANC _Business I sure hope it was a very stern concern that they raised as a standard concern would hardly raise an eyebrow. Maybe now everything will get sorted out after more than 10 years of increasing blackouts. Way to go central bank, keep raising your concerns 🤨👍 _Business Its normal , we have ex Apartheid helpers as president and chief of police that are old buddies. Its a gangster state now .
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »

Transnet decline: Inside business' big battle for private rail | BusinessTransnet Freight Rail's deteriorating performance - at great economic cost - has sparked intense pressure to invite the private sector to run both trains and infrastructure. | politicsblahbla News24_Business politicsblahbla _Business It's because your sponsored President Ramaphosa has never been a businessman politicsblahbla _Business ek wonder hoekom 🤔 politicsblahbla _Business The neoliberal agenda is unrelenting.
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »

WATCH: SA’s cement industry crumbling under challengesBusiness Day TV speaks to Business Day energy writer Denene Erasmus
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »