U.S. job openings rose unexpectedly in August, another sign the U.S. labor market remains strong in the face of higher interest rates.
American employers posted 9.6 million job openings in August, up from 8.9 million in July, the Labor Department said Tuesday. Economists had expected only another 8.9 million vacancies. The number of layoffs and of people quitting their jobs — a sign of confidence in their prospects — were both essentially unchanged from July.
