Job Openings Fall As Hiring Hits Highest Level In Over Six Years

MarketWatch Pulse

The number of job openings fell to a seasonally adjusted 4.74 million in September from 4.85 million in August, which was a 13-year high, according to Labor Department data released Thursday. Hiring of 5.03 million in September was the highest since December 2007 and up from 4.74 million in August, to move the hiring rate to 3.6% from 3.4% in August. The 2.8 million people who quit in September was the highest level since April 2008, taking the quits rate to 2% from 1.8%.

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