Business

US Job Openings Fall to Lowest Level Since December 2020

The gap between new hires and total separations continued to narrow, according to labor data.
US Job Openings Fall to Lowest Level Since December 2020
A now hiring sign during Black Friday at a mall in Hanover, Md., on Nov. 29, 2024. Madalina Vasiliu/The Epoch Times
Andrew Moran
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Demand for labor continued to soften as job vacancies fell sharply in November, reaching their lowest level in five years, according to the Bureau of Labor Statistics.

The number of job openings declined by 303,000 to 7.146 million from the downwardly revised 7.449 million in October, according to data from the new Job Openings and Labor Turnover Summary (JOLTS) report, released on Jan. 7.
Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."