The outlook for the annual growth rate of the U.S. gross domestic product (GDP) for the next two years looks somewhat softer compared to what it was three months ago, according to a survey of 45 forecasters conducted by the Philadelphia Fed.
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Job Openings, Hires, Turnover Change Little from September to October
The U.S. Bureau of Labor Statistics (BLS) reported 4.8 million job openings in the U.S. as of the last day of October 2014, up slightly from the 4.7 million reported at the end of September, but overall things changed little month-over-month, according to the October 2014 Job Openings and Labor Turnover Summary released Tuesday.
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