US Job Openings Reach New High Amid Stabilizing Labor Market

The US labor market has shown signs of improvement, with job openings rising and workers quitting their jobs for better opportunities at a record high rate. According to the latest numbers from the Labor Department, job postings increased to 7.74 million in October, up from 7.37 million in September. This surge suggests that the labor market is stabilizing after a period of weakness last summer. The number of workers quitting one job for another has reached its highest level in five months, indicating a strong labor market with plenty of job openings.

Source: https://www.marketwatch.com/story/job-openings-rise-and-more-workers-quit-in-sign-of-improving-u-s-labor-market-653dc961