WASHINGTON — The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled.
The number of people quitting their jobs rose in October, a sign of confidence in the job market. And layoffs tumbled to just 1.6 million — below the lowest figures in the two decades that preceded the 2020 pandemic. Tuesday's figures mean there are now 1.1 available jobs for each unemployed worker, a healthy figure. Before the pandemic there were usually more unemployed people than openings.
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