PiCK
U.S. November job openings 7.146 million…below expectations
JOON HYOUNG LEE
Summary
- The U.S.'s November job openings last year were 7.146 million, falling short of market expectations.
- That figure was 464,000 fewer than the experts' forecast of 7.61 million and showed a decrease of 303,000 compared with the previous month's revised figure.
- Monthly job openings fell again after rebounding in September–October, highlighting concerns of a cooling labor market.
The number of job openings in the United States in November last year fell short of market expectations.
On the 8th (local time), according to the Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Department of Labor, the number of job openings in the U.S. in November last year was 7.146 million. This figure was 464,000 fewer than the experts' forecast (7.61 million). Compared with the previous month's revised figure (7.449 million), it was 303,000 less.
Earlier, monthly job openings in the U.S. rebounded in September–October last year. In July–August last year, monthly job openings remained at 7.2 million, raising concerns about a cooling labor market.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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