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Job openings posted big September gain in positive sign for labor market ahead of payrolls report
CNBC • • business
Key Points:
- Job openings in the U.S. surged to 7.52 million in September, surpassing expectations and marking an increase of 333,000 from August, with the job openings rate rising to 4.5%.
- The number of workers quitting their jobs reached 3.36 million, the highest since March 2025, indicating strong worker confidence in finding new employment.
- Hiring increased by 131,000 to 5.4 million, while layoffs and discharges dropped by 127,000 to 1.64 million, the lowest level since March 2025.
- Job openings grew notably in manufacturing, state and local government, and professional and business services sectors.
- The report precedes the October nonfarm payrolls release, with expectations of a 59,000 job increase and a steady 4.2% unemployment rate.
