Job Vacancies Dropped 8% in November; LinkUp Forecasting Anemic Job Gains in November and Job Losses in December

This post was originally published on this site.

Because our monthly job vacancy data for November came out this morning, we’ll publish just a single chart from our weekly data along with the usual monthly data and our Non-Farm Payroll (NFP) forecast for November.

Not surprisingly given that Thanksgiving was last week, U.S. job openings posted globally by companies and employers on their websites around the world dropped last week by 145,877 or 5.0% from the week before last. Over the past 3 previous Thanksgiving weeks since 2022, the average decline was 3.7%, so this year’s drop, while expected, is nonetheless quite a bit larger than history would

See also  Job Openings Drop Again, Ending a Miserable Year For the U.S. Job Market On an Appropriately Sour Note

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