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US job openings, hiring in Sept point to sluggish labour market recovery

The United States is setting daily records for coronavirus cases, which could force state and local governments to impose new restrictions on businesses like restaurants, bars and gyms

Topics
US job openings | US job data | US hiring

Lucia Mutikani | Reuters  |  Washington 



US Jobs
US jobs (Photo: Reuters)

U.S. job openings increased less than expected in September while hiring fell, suggesting the labor market recovery was petering out even before a resurgence in new COVID-19 cases which is expected to slow momentum.Though the Labor Department's monthly Job Openings and Labor Turnover Survey, or JOLTS report on Tuesday showed layoffs decreasing to their lowest level in nearly 20 years, there was more than one person competing for a single vacancy. The drop is at odds with significantly high weekly unemployment claims.

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First Published: Tue, November 10 2020. 23:36 IST

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