America now has more job seekers than available jobs - Sherwood News
US job openings fell to 7.15 million in November, down from 7.45 million in the previous month, marking the lowest level since September 2024, according to the Bureau of Labor Statistics’ Job Openings and Labor Turnover Summary report released Wednesday.
declined across most industries, with the biggest pullback seen in leisure and hospitality, healthcare and social assistance, and transportation and warehousing. Only a few industries, including construction and retail, added jobs.
Hiring slowed as well, while layoffs declined to a six-month low, extending the “hire less, fire less” mode that has defined the US labor market for much of the past year