US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient
By PAUL WISEMAN, AP Economics Writer
WASHINGTON (AP) — U.S. job openings rose unexpectedly in November, showing companies are still looking for workers even as the labor market has cooled overall.
Openings rose to 8.1 million in November, the most since February and up from 7.8 million in October, the Labor Department reported Tuesday. They were down from 8.9 million a year earlier and a peak of 12.2 million in March 2022 as the economy was roaring back from COVID-19 lockdowns. But they still exceed pre-pandemic levels.
Economists had expected job openings to fall slightly in November.
Layoffs rose slightly in November, and the number of people quitting their jobs fell, suggesting that Americans are less confident in their ability to find better jobs elsewhere.
Openings were up in professional and business services, a broad category that includes managerial and technical workers, and in finance and insurance. They fell in the information industry, which includes publishers and telecommunications companies.