US job openings increase in November; hiring falls
- Posted on January 7, 2025
- By Business News Today
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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%.