Job Openings ‘Little Changed’ in November

By Staff Writer January 05, 2023 241

The number of job openings was little changed at 10.5 million on the last business day of November, the U.S. Bureau of Labor Statistics reported Jan. 4. Over the month, the number of hires and total separations changed little at 6.1 million and 5.9 million, respectively. Within separations, quits (4.2 million) and layoffs and discharges (1.4 million) changed little. This includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class.

The rate of job openings was unchanged at 6.4 percent but was 0.9 percentage points lower than its peak in March 2022. In November, job openings increased in professional and business services (+212,000) and in nondurable goods manufacturing (+39,000). The number of job openings decreased in finance and insurance
(-75,000) and in federal government (-44,000).

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Last modified on Thursday, 05 January 2023 13:30