The number of unfilled jobs in the U.S. fell in November to the lowest level since June, though openings still exceeded unemployed Americans.
There were a seasonally adjusted 6.89 million job openings on the last business day of November, the Labor Department said Tuesday. That was down from a revised 7.13 million at the end October. Openings remain near a historical peak, but have edged lower since touching a record high of 7.29 million in August.
In November, openings exceeded the unemployed—people without a job but actively seeking work—by 870,000. Before March of this year, job openings had never exceeded unemployed workers in more than 17 years of monthly records. But the gap narrowed in November from more than 1 million in recent months.View Article