US Job Openings Stay Unchanged at 5.4 Million in November

Job openings were barely changed at 5.431 million in November, the Bureau of Labor Statistics said Tuesday. That’s just slightly up from October’s 5.349 million, according to the Job Openings and Labor Turnover Survey (JOLTS).

And more people quit their jobs, signaling a stronger economy. The number of people deciding to leave their jobs, which is a sign of confidence, rose slightly to 2.83 million.

Job openings increased in health care and social assistance, with the sector adding 57,000 jobs in November, the report said. Retail trade saw a decrease in the number of job openings during the same period, down 64,000.

The number of new jobs increased in the South and decreased in the Midwest over the month, according to the Labor Department.

via CNBC

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza