U.S. job openings increased in October

U.S. job openings increased in October

Dec 09, 2020

437 Views

0 comments

There was a hike in the number of openings in October but there was a rise in the layoffs too according to the month-old Job Openings and Labor Turnover Survey, or JOLTS report from the Labor Department on Wednesday. However, with the spike in case, the openings might not be as one would have anticipated. “The labor market remains miles and miles away from the best economy in 50 years in February before the pandemic struck,” said Chris Rupkey, chief economist at MUFG in New York. Read more on this here

Previous days news

Comments

    Article
    Let's Talk about the Hustle Economy

    With the COVID-19 outbreak, it has increased manifold, owing to the rise in remote working. It’s be ...

    Top 5 Challenges of HR Professionals During COVID-19 Pandemic

    When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...

    Is It Time For Recruiters To Think Like Marketers?

    About 46% of recruiters acknowledge this by seeing recruitment more as marketing than an expansion ...

    Tips for Staffing Agencies to Create a Competitive Advantage

    Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...

    Show more news