![]() Job openings exceeded 10.7 million in September, according to numbers just released by the Bureau of Labor Statistics, surpassing analysts’ expectations. It had earlier been thought that the number of job openings in September would drop to around 10 million, from the 10.7 million recorded in August. In its Job Openings and Labor Turnover Summary, the BLS noted that while the 10.7 million job openings figure was high, “the number of new hires edged down to 6.1 million.” That 6.1 million was the lowest in that category since early 2021. The greatest amount of job openings was seen in the nation’s accommodations and food services industries, at just over 215,000; and in health care and social assistance, with around 115,000 openings. The transportation, warehousing, and utilities sector combined saw some 111,000 job openings. Job openings decreases were meanwhile seen in the wholesale trade sector, off by 104,000; and finance and insurance, down by 83,000. The job openings numbers have been nothing if not erratic since the early 2020 onset of the Covid-19 pandemic. One month after that outbreak, job openings stood at 4.7 million; increasing to 9.2 million a year later. Figures reached a peak in March of this year when the BLS reported 11.8 million job openings, only to watch that figure generally decline throughout the summer. Looking at the latest statistics, Forbes said it all underlines that the “demand for workers is strong and the labor market is holding up well.” The Wall Street Journal agreed, saying the new figures are “signs of a healthy labor market that has cooled slightly compared with the first half of this year.” By Garry Boulard
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