US job openings jump by 333,000, reaching 7.52 million in September
US job openings surged by 333,000 in September, reaching 7.52 million — the third-highest reading since November 2024, according to The Kobeissi Letter. Professional and business services led the gain, and the openings-to-unemployed ratio climbed to 1.06. Labor demand is showing fresh signs of recovery.
US job openings climbed by 333,000 in September, landing at 7.52 million, according to The Kobeissi Letter. That is the third-highest reading since November 2024 and the biggest monthly gain since April.
The increase was the third-largest since October 2024. Professional and business services did the heaviest lifting, adding 106,000 openings. State and local government, excluding education, followed with 104,000 more.
The supply-demand balance also tightened. The ratio of job openings to unemployed workers rose to 1.06, its highest level since January 2025. There are now 414,000 more vacancies than unemployed workers, the second-largest gap since January 2025.
For context, the September jump points to a labor market finding its footing again. The Kobeissi Letter framed the data as a sign that US labor demand appears to be recovering.
TopicsThe Kobeissi Letter
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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