US 'low-hire, low-fire' job market persists: September openings little changed, layoffs at 18-month low
Key points
- September openings were little changed but at a four-month high
- Layoffs fell to their lowest in a year and a half
- Hiring is the slowest since 2013 and quits the slowest since 2015
BLS's latest JOLTS showed September job openings little changed but at a four-month high, while layoffs fell to their lowest in a year and a half. Indeed Hiring Lab's Cory Stahle said hiring is the slowest since 2013 and quits the slowest since 2015. Employers have added about 86,000 jobs a month this year, per the report.
Original report: TradingView ↗Edited with AI assistance. Facts are based on official sources and original reports.