US Job Openings Rise to 7.523 Million in September, Beating Market Expectations

United States job openings rose to 7.523 million in September, exceeding consensus expectations and climbing from an upwardly revised 7.190 million in August. The job openings rate increased to 4.5%. Following the release, the S&P 500 rose 0.43%, while the Dow Jones Industrial Average slipped 0.50%. Total hiring climbed slightly to 5.402 million, while total separations reached 5.319 million. Quits rose across the month, with reports placing the figure between 3.18 million and 3.4 million, alongside lower layoffs, reflecting mixed labor turnover.