Liz Thomas: U.S. job openings rise to 7.52 million in September

Liz Thomas: U.S. job openings rise to 7.52 million in September
Job openings and rates climb in September

U.S. job openings increased to 7.52 million in September, surpassing August's 7.19 million and the estimate of 7.16 million.

Liz Thomas reported that the openings rate climbed from 4.3% to 4.5%, the hires rate edged up from 3.3% to 3.4%, and the quits rate rose from 1.9% to 2.1%, while the layoffs rate declined from 1.1% to 1%.

Earlier this year, Liz Thomas highlighted that the S&P 500 gained 14% year-to-date, attributing the advance to strong forward earnings growth. She also reported that defensive sectors such as consumer staples and health care led early trading, while risk-on areas lagged. These prior updates provide context for the labor market data's potential impact on equities.

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