Layoffs Ticked Up in a Mostly Steady Job Market, Labor Turnover Report Suggests

Labor Department's JOLTS survey shows rate of layoffs ticked up to 1.2% in October versus 1.1% in August

Layoffs crept higher in recent months, but the job market remained fundamentally steady since the summer, the Labor Department reported Tuesday in its monthly survey of job openings and labor turnover.

In October, the rate of layoffs ticked up to 1.2%, versus 1.1% in August, the most recent figures that had been available before the government shutdown postponed stats reports starting in early October. September's...

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