News Briefs

The Job Openings and Labor Turnover Survey (“JOLTS”), a closely-watched measure of labor market health, indicated there were 7.0 million job openings at the end of September, a decline from August.  Hires edged down to 5.7 million while the quits rate was unchanged at 2.4%.  BLS Report

Mike Bird of the Wall Street Journal writes that China’s neighbors may benefit from the U.S.–China trade war. Economists expect that Taiwan, Vietnam, and South Korea will benefit from U.S. tariffs on Chinese goods as global supply chains realign to avoid tariffs on goods such as clothing and electronic equipment. WSJ