The U.S. Bureau of Labor Statistics (BLS) recently released its January Job Openings and Labor Turnover Summary. This month’s report showed the number of job openings decreased from an upwardly revised 11.2 million in December to 10.8 million in January, representing a 410,000 decline from last month. The job openings rate also dropped from 6.7% in December to 6.5% in January.

The U.S. Bureau of Labor Statistics (BLS) recently released its November Job Openings and Labor Turnover Summary. This month’s report revealed the number of job openings, 10.5 million, changed little from the previous month as the Federal Reserve (Fed) continued its efforts to combat inflation. However, November’s job openings were higher than economists expected.