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N
ovember was such a whirlwind, October might as well have been 50 years ago at this point.A
s such, October’s job openings and labor turnover survey (JOLTS) from the US Bureau of Labor Statistics feels a bit like a time capsule, as some industries were gearing up for holiday and winter busy seasons, while overall the labor market continued to cool down, possibly in anticipation of next year. Let’s take a close
r look.Diving into the data. Employers reported 5.3 million hires in October, down month over month from 5.6 million in September, and 7.7 million job openings, up slightly from the