October's job openings just dropped, and the numbers are hotter than expected. 7.67 million positions available versus the 7.12M forecast—that's a significant beat. Labor market staying resilient, which could keep the Fed's attention on inflation control. Tighter employment conditions might delay rate cuts everyone's been pricing in. Worth watching how risk assets react to this strength.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
October's job openings just dropped, and the numbers are hotter than expected. 7.67 million positions available versus the 7.12M forecast—that's a significant beat. Labor market staying resilient, which could keep the Fed's attention on inflation control. Tighter employment conditions might delay rate cuts everyone's been pricing in. Worth watching how risk assets react to this strength.