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  • 6 days ago
U.S. job openings slipped to 7.1 million in November as employers stayed cautious on hiring but held onto workers, signaling a low-hire, low-fire labor market despite continued economic growth, according to ABC News.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02The Labor Department said Wednesday that U.S. employers posted 7.1 million open jobs at the
00:08end of November, down from 7.4 million in October, according to ABC News.
00:13Layoffs declined, indicating employers are holding onto workers while remaining cautious
00:18about hiring. The report showed a low-hire, low-fire labor market as economic growth
00:23exceeded 4% at an annual rate in the July to September quarter and slowed,
00:27but stayed solid late in 2025. Job openings fell sharply in shipping, warehousing,
00:33hospitality, and state and local government, while rising in retail and construction.
00:39Quits increased to 3.16 million. ADP said businesses added 41,000 jobs in December after shutting 29,000
00:47jobs in November. Bank of America Institute data showed hiring growth improved in December.
00:52For all things money, visit Benzinga.com.
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