Job Openings in U.S. Unexpectedly Decreased in October

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Job openings in the U.S. unexpectedly dropped in October, while the rate of hiring held steady.

The number of positions waiting to be filled decreased by 151,000 to 5.38 million, a report from the Labor Department showed Tuesday. Even with the decline in October, openings are hovering just below July’s 5.67 million, which was the highest since records began in 2000.