WASHINGTON — U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy.
The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October, close to September’s 7.66 million.
The Job Openings and Labor Turnover Survey (JOLTS), which was delayed by the extended government shutdown, also showed that the layoffs rose to almost 1.9 million, most since January 2023. And the number of people quitting their jobs — a sign of confidence in the labor market — fell in October, suggesting that “businesses seeking to control labor costs will have to pivot to active layoffs, lifting unemployment, rather than rely on natural attrition,” Samuel Tombs, chief U.S. economist at Pantheon, wrote in a com

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