Economic Buzz: US job openings drop to lowest level in over a year in November
The Labor Department said job openings slid to 4.15 million in November after falling to a downwardly revised 7.45 million in October.
With the bigger than expected decrease, job openings dropped to their lowest level since hitting 7.10 million in September 2024.
The report also said hires fell to 5.12 million in November from 5.37 million in October, while total separations crept up to 5.08 million in November from 5.07 million in October.
Within separations, quits rose to 3.16 million in November from 2.97 million in October, but layoffs and discharges decreased to 1.69 million in November from 1.85 million in October.
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