U.S. Factories Are Posting Job Openings Like Never Before
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Job openings have surged at U.S. manufacturers of durable goods from machinery to cars in recent months, suggesting factories have plenty of demand despite recent tariff obstacles.
The job openings rate for the durable-goods manufacturing industry reached 4 percent in October, a record in data back to 2000, according to figures issued Monday by the Labor Department. That’s up from 3.7 percent in September and 3.1 percent a year earlier. Total openings were 332,000, compared with about 8 million jobs in the sector.