Job Openings Decline in October

Job openings nationwide have taken a hit as the economy continues to sputter. News compiled by Bloomberg confirms this trend.

The pace of job openings may start to moderate with the economy approaching maximum employment, as companies fill vacancies with skilled and experienced workers. A steady increase in the number of help-wanted signs since the end of 2013 underscores an improving job market that gives Federal Reserve policy makers reason to raise their benchmark interest rate.