Newsweek on Nostr: US Job Openings Rise to 8.1 Million, Defying Expectations ========== U.S. job ...
US Job Openings Rise to 8.1 Million, Defying Expectations
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U.S. job openings rose to 8.1 million in November 2024, the highest since February, defying forecasts of a decline; this is an increase from October's 7.8 million; job openings are below last year's 8.9 million and significantly below the peak of 12.2 million in March 2022; the labor market is adjusting post-pandemic; hiring slowed to 5.269 million, down by 125,000; layoffs remained stable at 1.765 million; the job openings to unemployed workers ratio rose to 1.13; voluntary quits dropped by 218,000; economists expect 160,000 jobs added in December; Federal Reserve officials are monitoring labor trends for interest rate adjustments amid economic uncertainty; President-elect Donald Trump's policies may impact labor demand and inflation.
#JobOpenings #UsEconomy #LaborMarket #FederalReserve #DonaldTrump #Employment #Inflation #Jolts #Hiring #Unemployment
https://www.newsweek.com/us-job-openings-rise-november-2024-2011136
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U.S. job openings rose to 8.1 million in November 2024, the highest since February, defying forecasts of a decline; this is an increase from October's 7.8 million; job openings are below last year's 8.9 million and significantly below the peak of 12.2 million in March 2022; the labor market is adjusting post-pandemic; hiring slowed to 5.269 million, down by 125,000; layoffs remained stable at 1.765 million; the job openings to unemployed workers ratio rose to 1.13; voluntary quits dropped by 218,000; economists expect 160,000 jobs added in December; Federal Reserve officials are monitoring labor trends for interest rate adjustments amid economic uncertainty; President-elect Donald Trump's policies may impact labor demand and inflation.
#JobOpenings #UsEconomy #LaborMarket #FederalReserve #DonaldTrump #Employment #Inflation #Jolts #Hiring #Unemployment
https://www.newsweek.com/us-job-openings-rise-november-2024-2011136