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US job openings fall in November 2018

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US job openings fall in November 2018

U.S. job openings fell to a seasonally adjusted 6.9 million in November 2018 from 7.1 million in the previous month, the Bureau of Labor Statistics reported.

The job openings rate slipped to 4.4% from 4.5% in October 2018.

The decline in job openings was recorded in several industries, with other services and construction posting the biggest decreases of 66,000 and 45,000, respectively. Job openings rose in the transportation, warehousing, and utilities segment.

About 5.7 million workers were hired in November 2018, down from 5.9 million in the previous month. The hires rate fell to 3.8% from 4.0% month over month.

Hires in the professional and business services industry dropped by 167,000, while federal government hires went up by 8,000.

Within separations, the number of employees who quit their jobs edged down to 3.4 million from 3.5 million. Layoffs and discharges were little changed at 1.8 million.

The quits rate and layoffs and discharges rate were unchanged at 2.3% and 1.2%, respectively, in November 2018.