US job openings increase in November; hiring falls

  • Posted on January 7, 2025
  • By Business News Today
  • 2 Views
US job openings increase in November; hiring falls

U.S. job openings rose unexpectedly to 8.098 million by the end of November. However, hiring slowed, indicating a deceleration in the labor market. Hires fell by 125,000, with little change in layoffs. December job growth likely slowed, and the unemployment rate is forecasted to remain at 4.2%.
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