4 days ago
CNBC Nov 2, 2026

Job openings posted big September gain in positive sign for labor market ahead of payrolls report

Job openings in the United States experienced a significant increase in September, rising by 333,000 to reach a total of 7.52 million, according to the Bureau of Labor Statistics (BLS). This figure surpassed expectations and reflects a labor market with more job opportunities than unemployed workers, as there are now approximately 1.05 openings for every job seeker. The rise in openings was particularly notable in manufacturing, state and local government, and professional and business services sectors.

Alongside the increase in job openings, the number of people voluntarily leaving their jobs—known as quits—also climbed, hitting 3.36 million, the highest level since March 2025. This surge in quits suggests growing worker confidence in the availability of new job prospects. Hiring activity increased as well, with 5.4 million hires in September, up 131,000 from August. Meanwhile, layoffs and discharges decreased to 1.64 million, marking the lowest level in over a year.

These labor market trends offer a positive outlook ahead of the upcoming October nonfarm payrolls report, scheduled for release on Friday. Economists forecast a modest increase in employment, expecting about 59,000 new jobs, with the unemployment rate remaining steady at 4.2%. The robust job openings and strong hiring figures indicate continued labor market resilience despite economic challenges such as inflation and elevated fuel costs.

In related economic news, factory orders for manufactured goods surged 1.8% in September, surpassing expectations and signaling healthy demand within the sector. Together, these data points support a narrative of steady employment growth and economic stability as the U.S. navigates the closing months of 2026.

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