US Job Openings Decline to 7.15 Million in November, Lowest Level in Over a Year
By
toomuchtodo
Even the toaster can't save this one.
Summary
US job openings declined to 7.15 million in November, reaching their lowest level in over a year, while hiring also slowed. The data suggests employers are becoming more cautious about expanding their workforce amid economic uncertainty.
Key quotes
· 3 pulledUS job openings fell in November to a more than one-year low and hiring slowed, indicating most employers remain reluctant to make big changes to headcount.
The number of available positions decreased to 7.15 million in November from a downwardly revised 7.45 million in the prior month.
The figure was below all estimates in a Bloomberg survey of economists.
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