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US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong
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A technician installs solar panels on a roof of a home in Arlington Heights, Ill., Monday, Feb. 26, 2024. On Wednesday, March 6, 2024, the Labor Department reports on job openings and labor turnover for January. - photo by AP Photo/Nam Y. Huh
WASHINGTON (AP) — U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported Wednesday that U.S. employers posted 8.86 million job vacancies in January, down slightly from 8.89 million in December and about in line with economists' expectations. Layoffs fell modestly, but so did the number of Americans quitting their jobs — a sign of confidence they can find higher pay or better working conditions elsewhere.