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View More »More evidence that the US job market remains hot after US job openings rise unexpectedly in August
( ) -q-20- UNDATED (Correspondent Jeremy House) “unchanged from July.”
U.S. job openings unexpectedly rose in August.
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Title: JOB-OPENINGS-house-q-WEDam
Out-cue: unchanged from July]
TAG: Correspondent Jeremy House reporting. The inflation fighters at the Federal Reserve want to see the red-hot U.S. job market cool off, reducing pressure on businesses to raise pay.
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VERBATIM: The Labor Department says American employers posted 9.6 million job openings in August, up from 8.9 million in July. Economists had expected 8.9 million vacancies in August. The number of layoffs and of people quitting their jobs — a sign of confidence in their prospects — were both essentially unchanged from July.
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Bernie Bennett reporting.
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