State of the Labor Market
Commentary, data, analysis and insight into the US and global economy.
Job openings ticked up in October, but they remain 5% below February levels, according to the latest data from the federal Job Openings and Labor Turnover Survey (JOLTS).
The trend in job postings was 11.5% lower than in 2019 as of December 4, as slow improvement continued.
The US economy gained 245,000 jobs last month, and the unemployment rate is at 6.7%, down from 6.9% in October.