Layoffs in America are falling at the fastest rate in a year and a half

But the survey she conducted Ministry of Labour In terms of employment opportunities and labor turnover, Tuesday showed employers’ reluctance to hire more workers.

And the reduction is increasing Layoffs Operates at standard power level The labor market and the resilience of the wider economy by increasing Salaries Which increases consumer spending.

For every unemployed person, there were 1.11 vacancies in October, compared to 1.08 in September.

The US Department of Labor stated in its monthly survey: Job opportunitiesIt is a measure of demand for Employmentit grew by about 372 thousand jobs to 7.744 million jobs by the last day of October.

September data was revised down to show 7.372 million job openings instead of 7.443 million as reported in the previous reading.