US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient
- U.S. Job openings rose unexpectedly to 8.1 million in November, the highest since February, according to the Labor Department's latest Job Openings and Labor Turnover Survey .
- Job openings increased by 259,000 from October's revised figure of 7.8 million, reflecting steady labor demand despite economic cooling and inflationary pressures.
- Hiring slowed, with total hires falling by 125,000 to 5.269 million, while layoffs remained stable at 1.765 million, signaling cautious employer behavior.
- Voluntary quits dropped by 218,000, indicating reduced worker confidence in finding better job opportunities amid economic uncertainty.
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Total News Sources0
Leaning Left3Leaning Right6Center13Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
14%
C 59%
R 27%
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