US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

US job openings in January remained elevated at 8.86 million, in line with economists' expectations. Layoffs fell modestly, but so did the number of Americans quitting their jobs, a sign of confidence in finding higher pay or better working conditions. The US economy has proven resilient despite higher interest rates and inflation.

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
US job openings in January remained elevated at 8.86 million, in line with economists' expectations. Layoffs fell modestly, but so did the number of Americans quitting their jobs, a sign of confidence in finding higher pay or better working conditions. The US economy has proven resilient despite higher interest rates and inflation.