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Layoffs of workers in America decrease at the largest rate in a year and a half

Layoffs of workers in America decrease at the largest rate in a year and a half

But the survey she conducted Ministry of Labor About job opportunities and labor turnover, Tuesday showed employers’ reluctance to hire more workers.

And the decrease increases Layoffs It works to a standard level of strength Labor market and the resilience of the broader economy by increasing Wages Which increases consumer spending.

There were 1.11 job vacancies for every unemployed person in October, up from 1.08 in September.

The US Department of Labor said in its monthly survey: Job opportunitiesIt is a measure of demand for Employmentrose by about 372 thousand jobs to 7.744 million jobs by the last day of October.

September data was revised down to show 7.372 million job opportunities instead of 7.443 million as reported in the previous reading.



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