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The U.S. job openings rate held at 4.5% in September 2026, essentially unchanged from the prior reading, according to Bureau of Labor Statistics data released Thursday. The flat reading signals that labor demand remains stable rather than accelerating, keeping the openings rate within its recent range. Persistent openings can support wage growth and consumer spending, which matters for inflation and Federal Reserve rate expectations. Traders will watch the quits rate and payrolls data due later this week for confirmation of whether the labor market is cooling or holding steady.

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BLS, US labor market