Job openings slide to 2nd lowest level in 5 years as hiring remains sluggish
By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — U.S. employers posted far fewer jobs in November than the previous month, a sign that employers aren’t yet ramping up hiring even as growth has picked up.
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Businesses and government agencies posted 7.1 million open jobs at the end of November, the Labor Department said Wednesday, down from 7.4 million in October. Layoffs also dropped, however, as companies appear to be holding onto workers even as they are reluctant to add staff.
The report suggests that the “low-hire, low-fire” job market remains in effect, with workers enjoying some job security but those out of work struggling to find new jobs. The moribund labor market stands in contrast with data showing solid economic growth, which topped 4% at an annual rate in last year’s July-September quarter, the latest data available. Economists forecast growth slowed but remained solid in the final three months of 2025.
