Updated periodically, Economic Viewpoints provides a snapshot of the U.S. economy from the Economic Policy Division at the U.S. Chamber of Commerce.
Job Openings Rose Again in September
November 3, 2022
Job openings were 10.7 million at the end of September. That is surprisingly up 437,000 from August when openings were 10.3 million.
Why it matters: The worker shortage is not easing; it is worsening. There are 5 million more job openings than unemployed workers.
- The largest increases in job openings were in accommodation and food services (215,000); health care and social assistance (115,000); and transportation, warehousing, and utilities (111,000).
- The number of job openings decreased in wholesale trade (104,000) and in finance and insurance (83,000).
Be smart: A cooling economy would ordinarily cause businesses to cut back on their job postings, as they did in August. But August’s drop in…
