The US continues to have a strong market for job seekers, with the Department of Labor showing 9.582 million jobs open across the country, or 1.6 openings for every worker, CNN reports. The number of openings decreased slightly from the previous month and was effectively on-target for estimates.
Other factors listed: job “quits”–people voluntarily leaving their jobs–dropped about 8% to 3.722 million, with new hires dropping about 5% to 5.91 million, and layoff dropped minimally. Worker shortages are one of the factors driving inflation, as wages increase with employers recruiting new staff.