The number of job vacancies rose to 6.65 million in October from 6.49 million in September. It is still below the level of February, a month before the outbreak of the epidemic. There were about 7 million of them that month.
The vacancy rate increased slightly to 4.5% in October. Also in September, after the revision, it slightly increased to 4.4%, while the first estimate indicated a stabilization of the situation compared to August, when the vacancy rate was 4.3%.
The department’s report on the number of job vacancies followed less than a week of basic information about the overall development of the situation in the US labor market. According to the Ministry of Labor, 245,000 new job opportunities were created outside the agricultural sector at the end of last week in November. This is the lowest number since April of this year, when the United States suffered its biggest problems due to the first wave of the novel coronavirus pandemic.
However, the US unemployment rate fell in November. Although it reached 6.9% in October, it captured 6.7% in November.
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