Source: U.S. Bureau of Labor Statistics (01/07/25)
In November, the U.S. job market saw minimal changes in job openings, hires, and total separations, according to the U.S. Bureau of Labor Statistics. Job openings remained steady at 8.1 million, while hires totaled 5.3 million, down 300,000 year-over-year. Total separations stood at 5.1 million, a decrease of 287,000 from the previous year. Quits declined to 3.1 million, dropping by 451,000 annually, with a quits rate of 1.9%. Layoffs and discharges remained stable at 1.8 million, though they increased by 219,000 compared to the previous year.
This information originated from www.bls.gov. Use this link to view the article: Job Openings and Labor Turnover Summary
