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Economy

progree

(12,751 posts)

2. Here's a two sentence summary of the JOLTS report

Reply to mahatmakanejeeves (Original post)

Thu Jan 8, 2026, 03:20 PM

Thursday

The number of job openings fell in November according to the latest government data, while the hiring rate was a paltry 3.2%. There were 1.1 unemployed people for every available job, the highest level since early 2021.

I haven't looked yet for a full English language version of the JOLTs report (as opposed to "changed little" this and "changed little" that repeated endlessly jibber jabber). Apparently it was a bad report

The excerpt comes from a Yahoo Finance article on Challenger Gray and Christmas' latest --

Layoff plans for December hit lowest monthly level since 2024 in 'positive sign,' Challenger says
Announced job cuts for all of 2025, though, were at their highest since 2020.
https://finance.yahoo.com/news/layoff-plans-for-december-hit-lowest-monthly-level-since-2024-in-positive-sign-challenger-says-131808125.html

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Highlight:

BLS report: November job openings and hires change little; total separations unchanged [View all] mahatmakanejeeves Thursday OP

Not buying their bs. Nobody can find a job... SheltieLover Thursday #1

Here's a two sentence summary of the JOLTS report progree Thursday #2