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Prior month revised: Job openings 7.449M (revised down -221K from 7.670M)
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JOLTS job openings: 7.145M, that is down -885K YoY
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Job openings rate: 4.3%, little changed
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November hires were little changed, holding at 5.1M
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The hires rate remained steady at 3.2%
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Hires decreased in:
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State & local government ex-education (-39K)
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State & local government education (-31K)
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Hires increased in:
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Federal government (+11K)
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No significant hiring shifts occurred across most major industries
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In November, total separations were unchanged at 5.1M with a 3.2% rate
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Total separations decreased in:
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State & local government ex-education (-27K)
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Quits were little changed at 3.2M with a 2.0% rate
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Quits increased in:
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Accommodation & food services (+208K)
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Layoffs and discharges were little changed at 1.7M with a 1.1% rate
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Layoffs and discharges decreased in:
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Accommodation & food services (-107K)
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Health care & social assistance (-52K)
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State & local government ex-education (-26K)
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Other separations were little changed at 232K, marking a series low
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Establishment size:
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1–9 employees and 5,000+ employees saw little or no change in job openings, hires, or separations
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This article was written by Greg Michalowski at investinglive.com.
