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Anita Dante, in her late 60's, searches for a job in a local newspaper's classified section at her home July 26, 2002 in Margate, Florida. After working for most of her life, Dante had planned on retiring, but her plans have changed. A financial advisor explained that she should be more aggressive in her investments approximately 2 1/2 years ago. Dante has since lost most of her retirement nest egg and must now get a job to continue to support herself. Like Anita Dante, many people around the U.S., who are reaching retirement age, are having to rethink their strategy with investments plummeting and 401 (k) saving plans shrinking.Joe Raedle/Getty
The Bureau of Labor Statistics will release its monthly Job Openings and Labor Turnover Survey (the JOLTS report) at 10 a.m. ET.
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Economists forecast that the number of job openings was little changed in September and near a record high, at 5.488 million, according to Bloomberg.
The report for August showed that the share of employees quitting their jobs compared to total separations from employers rose to a post-recession high.
The quits rate - the number of quits divided by the number of employees who worked or were paid for work - was 2.1%. And, the share of total quits in relation to voluntary and involuntary separations climbed to 60.2%, matching the post-recession high reached in December.
This rate attracted more attention after Federal Reserve Chair Janet Yellen endorsed it as a preferred metric of worker confidence in the jobs market.
