Job openings posted big September gain in positive sign for labor market ahead of payrolls report

The Bureau of Labor Statistics reported 7.52 million job openings in September, an increase of 333,000 from August and above the consensus forecast of 7.15 million. MarketWatch reported that job openings reached a four-month high in September and that hiring also increased. The outlets differed in their characterization: CNBC described the figures as a positive sign for the labor market, while MarketWatch characterized the improvement as mild and noted uncertainty about sustainability.

• CNBC — Job openings posted big September gain in positive sign for labor market ahead of payrolls report
• MarketWatch — U.S. jobs market perks up, but it’s still not a great time to get hired

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