News Briefs

The Job Openings and Labor Turnover Survey (“JOLTS”), a closely-watched measure of labor market health, indicated there were 6.1 million job openings at the end of September, little changed from August.  Hires edged down to 5.3 million and the quits rate inched up to 2.2%.  BLS Report

The Washington Post reports that House Republicans have made modest changes to their tax bill but will not include a repeal of the Affordable Care Act’s “individual mandate.” The changes do include tweaks to the tax treatment of university endowments and cross-border transactions by multinational corporations, among other things. WaPo

According to the Wall Street Journal, rising homeownership among millennials is contributing to the slump in home rental markets. As millennials increasingly decide to buy homes rather than rent them, a surge in supply of rental units after the recent recession has weakened rental prices. WSJ