U.S. job openings top forecasts in a resilient labor market

By Reade Pickert
Published 3 Min Read

PhotoMIX Company from Pexels

U.S. job openings remained elevated in November, highlighting how a resilient labor market is likely to keep the Federal Reserve tilted toward more restrictive policy in the months ahead.

The number of available positions ticked down to 10.46 million from 10.51 million a month earlier, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Wednesday. The figure was higher than all estimates in a Bloomberg survey of economists.

Reade Pickert

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