October Jolts: Staffing Sabbatical
December 5, 2023
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1:00Now PlayingOctober Jolts: Staffing Sabbatical
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as posted by the channelThe U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Summary for October today, showing a surprising decrease in job openings to 8.7 million, with notable declines in health care, social assistance, finance, insurance, and real estate. Hires and total separations remained relatively stable at 5.9 million and 5.6 million, respectively.
The findings this month confirm the October Freedom Economy Index which indicated that demand for talent is quickly growing stagnant given lingering recession fears.
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