A Job News USA employee, right, speaks to job seekers before the start of a career fair at Papa John’s Cardinal Stadium in Louisville, Kentucky, U.S. (Photographer: Luke Sharrett/Bloomberg)
U.S. Job Openings Fall to Five-Month Low, But Still Exceeds Number of Jobless
(Bloomberg) -- U.S. job openings fell to a five-month low in November while still exceeding the number of unemployed Americans by almost 1 million, data consistent with a tight job market.
The number of positions waiting to be filled fell by 243,000 to 6.89 million, from a revised 7.13 million in the prior month, according to the Job Openings and Labor Turnover Survey or JOLTS, released by the Labor Department on Tuesday. The quits rate held at 2.3 percent, indicating confidence that job prospects remain strong.
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- Hiring edged down to 5.71 million from 5.93 million the prior month while separations fell to 5.51 million.
- Categories showing declines in openings included construction, manufacturing and professional services.
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