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[U.S. October Job Openings Rise to 7.67 Million, Hiring Activity Continues to Weaken] According to data from the U.S. Bureau of Labor Statistics, U.S. job openings in October increased to 7.67 million, reaching a five-month high and exceeding the expected 7.15 million. Hiring activity weakened, with the number of hires dropping by 218,000 to 5.149 million in October. In September, job openings were 7.658 million, and hires were 5.367 million. The labor market is in a state of 'no hiring, no layoffs,' with stagnation attributed to factors such as a decline in immigration and the application of artificial intelligence suppressing labor demand.