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Story perspectives

Job Openings Rise Amid Declining Hiring and Low Resignations

1/3/2026

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Story summary
  • U.S. job openings rose to 7.670 million in October, signaling demand growth.
  • Hiring declined by 218,000 to 5.149 million.
  • The resignation rate hit a five-year low due to tariffs.
  • The unemployment rate reached 4.4% in September with 1.854 million layoffs.
  • The Federal Reserve is expected to cut rates by 25 basis points.