Job openings remain elevated in November despite Fed efforts to cool labor market
The Labor Department reported on Wednesday that there were 10.5 million job openings at the end of November, a sign the labor market remains very tight.
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The Labor Department reported on Wednesday that there were 10.5 million job openings at the end of November, a sign the labor market remains very tight.
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More people than ever indicate that they are willing to leave a position without a next job lined up, believing that they can find a new job easily enough. In September, the U.S. added 263,000 jobs.
From last year's seasonal hiring. let's discuss further with chief economist at zip recruiter, julia pollack. we're grateful to have you this sunday morning. what was your take from the jobs report and what does that mean for the economy going into the holidays? >> this report contained two things the fed wanted to see, moderating job growth and slowing wage growth. but still a very, very strong number. it's 60% more than the average monthly job gain in 2019 and job gains were still very broadly spread across the economy. american workers are still finding lots of new jobs and good jobs. >> ho...
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