📊 Economic Indicators |
Bureau of Labor Statistics |
-
In November 2025 the U.S. had about 7.1 million job openings (little changed from October but down 885,000 from a year ago), a job‑openings rate of 4.3%, hires of 5.1 million (3.2% hire rate) and total separations of 5.1 million (3.2% separations rate) — all basically unchanged month-to-month. Of those separations, quits (workers leaving voluntarily) were 3.2 million (2.0% quit rate) and layoffs/discharges were 1.7 million (1.1% rate); “other” separations (retirements, deaths, etc.) were 232,000, a new low. Industry moves included fewer openings in accommodation and food services (-148,000), transportation/warehousing/utilities (-108,000), and wholesale trade (-63,000), but more openings in construction (+90,000); quits rose sharply in accommodation and food services (+208,000). October’s prior numbers were revised (openings down 221,000 to 7.4 million; hires up 219,000 to 5.4 million), so month-to-month figures should be read with that in mind. Overall, the data show a mostly steady job market in November with fewer open jobs than a year earlier — a sign that hiring demand is softer, which can mean slower pay growth and less upward pressure on prices — and that matters because it affects how easy it is to find work, get raises, and pay for everyday things. Read full document →
-
The U.S. jobless rate was 4.6% in November 2025, up 0.4 percentage point from a year earlier, meaning a slightly larger share of people were unemployed; payroll jobs were basically unchanged in November across all states, but over the year some states added many jobs—Texas +146,300; Pennsylvania +97,600; New York +87,900; North Carolina +87,900—while the District of Columbia lost 32,800 jobs (down 4.2%); the biggest percent gains were in Missouri and South Carolina (+2.0% each). This mainly shows that hiring was uneven across the country and overall unemployment rose a little, not that prices changed (the release reports jobs, not inflation). Because the federal government was shut down in October, the household survey for that month was not done and response rates in November were lower (64% overall, ranging 47.2%–82.8%), so some results are less certain than usual. Read full document →
|
|
|