The number of job vacancies in the United States further decreased in November, indicating a cooling labor demand
The number of job vacancies in the United States in November dropped to the lowest level since March 2021, further proving a cooling labor demand. The Job Openings and Labor Turnover Survey (JOLTS) released by the US Bureau of Labor Statistics on Wednesday showed that job vacancies decreased from a revised 8.85 million last month to 8.79 million. Recruitment numbers decreased, while layoffs saw a slight decline. Economists surveyed had a median estimate of 8.82 million.
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