The level of job openings in the U.S. edged lower in September, though there are still more jobs then unemployed people.
The JOLTS report measures the level of employment vacancies as well as those who have left their positions. The previous count, for August, showed a record high of 7.3 million openings.
“Since there is considerable volatility in the data, a one-month decline is little reason for concern — especially given the substantial upward revision the previous month,” said Julia Pollak, labor economist at ZipRecruiter, an online employment marketplace. “Anecdotally, companies have been hiring earlier than ever before ahead of the holiday season and new year. Overall, business demand for workers remains strong.”