Job Openings Unexpectedly Soar By Over 330K, Amid Near-Record Surge In Americans Quitting After three straight months of disappointing JOLTS reports, moments ago the BLS reported that in September the number of job openings soared by 333K from an upward revised 7.190 million (vs 7.079 million pre-revision) to 7.523 million... ... beating estimates of 7.164 million handily, the first time the job openings print hasn't disappointed since May.
This was also the second upward revision to the data after three months of retroactive disappointments. Of course, nobody can possibly forget the three straight years of negative revisions between 2023 and 2025... Where did the openings come from?
According to the BLS the number and rate of job openings were little changed at 7.5 million and 4.5%, respectively. Job openings increased in state and local government, excluding education (+104,000). There were also material increases in Professional and Business Services jobs, in Information, in Trade a