SPY News: US job openings inch higher as hiring, quitting rates drop amid broader labor slowdown - 8th Jan 2025, 2:25am

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Job openings rose more than economists expected in November, but other signs of cooling in the labor market emerged as fewer Americans left their jobs and hiring continued to slow.

New data from the Bureau of Labor Statistics released Tuesday showed there were 8.1 million jobs open at the end of November, an increase from the 7.84 million seen in October and the highest level of job openings since May 2023.

The October figure was revised higher from the 7.74 million open jobs initially reporte...

>>> Read more: US job openings inch higher as hiring, quitting rates drop amid broader labor slowdown
 
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