
U.S. Job Openings Beat Forecasts, Including White Collar Positions
U.S. job openings unexpectedly increased in August, fueled by a surge in white-collar postings, highlighting the durability of labor demand.
U.S. job openings unexpectedly increased in August, fueled by a surge in white-collar postings, highlighting the durability of labor demand.
Fewer vacancies paired with increased labor force participation have allowed for greater balance in the labor market and helped temper wage growth.
Compensation, benefits and remote work options are also the top elements professionals look for when evaluating job postings.
The details for June were also better than expected, with key measures of underlying inflation coming in below forecasts.