US jobs data: Job openings slide to near five-year low; hiring stays sluggish despite solid growth

US employers posted significantly fewer job openings in November, reaching 7.1 million, the lowest since September 2024. This subdued hiring, despite economic growth, points to a "low-hire, low-fire" labor market.

US jobs data: Job openings slide to near five-year low; hiring stays sluggish despite solid growth
US employers posted significantly fewer job openings in November, reaching 7.1 million, the lowest since September 2024. This subdued hiring, despite economic growth, points to a "low-hire, low-fire" labor market.