Nationwide job openings increased for the fourth consecutive month, up by 5.9% month-over-month and 10.0% year-over-year. Openings were previously up 0.7% month-over-month and 9.0% year-over-year.
All 50 metros saw positive month-over-month growth in October, with 47 of 50 metros also posting positive year-over-year growth. Job competition remained similar to last month; Miami & Fort Lauderdale and Las Vegas held stable as the most competitive metros for job seekers, both with an 8:1 job competition ratio.
The retail industry posted a 94.4% year-over-year growth, despite a month-over-month drop in hiring (-8.6%) due most likely to the break between the Halloween and Thanksgiving holidays. Job openings for retail salespersons were up 86.1% this month, just shy of last month’s 88.8% growth. Retail hiring will continue to see an increase due to seasonal hiring through the end of the year.
For more information, read the full report.