The unexpected rise in U.S. job openings in November, reaching 8.1 million, indicates that companies are still actively seeking workers despite a cooling labor market.
Economic confidence appears to be waning as layoffs slightly increased and fewer workers are quitting their jobs, reflecting a decreased belief in finding better opportunities.
Job openings surged in professional and business services and finance sectors, contrasting with declines in the information industry, underscoring shifts in labor demand across sectors.
With job growth anticipated to continue at a modest pace and the unemployment rate holding steady at 4.2%, the labor market shows signs of both resilience and adjustment.
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