The Labor Department’s monthly Job Openings and Labor Turnover Survey (JOLTS), which was released today, revealed that U.S. job openings hit their lowest point in eight months in August. Despite the dip, the report still suggests that the United States has a solid jobs market, as the number of people voluntarily leaving their jobs rose and layoffs fell. JOLTS is one of the contributing factors the Federal Reserve uses in evaluating the U.S. economy, and many investors still believe all signs are pointing towards an interest rate hike in December. Rates have been kept at historically low levels because of low inflation rates.
See "U.S. job openings hit eight-month low, labor market still strong", Lucia Mutikani, Reuters, October 12, 2016