American Job Vacancies Decline in November as Hiring Outpaces Separations

US job vacancies declined in November, as hiring activities offset the separations during the month.

• Total vacancies for the month stood at 10.562 million, lower than the 11.091 million in October and the 6.776 million recorded the same month last year. The biggest declines were seen in accommodation and food services, construction, and nondurable goods manufacturing.
• Hires for the month grew to 6.697 million, up from 6.506 million in October and 6.019 million a year ago. Figures hardly changed in all industries, across all four regions of the country.
• Total separations increased to 6.273 million, up from 5.891 million in October and 5.744 million in November 2020. The biggest jumps were in accommodation and food services, while declines were seen in the federal government.

The net change in employment for the 12 months ending in November posted a net gain of 5.9 million, including employees who may have been hired and separated more than once.

Source: Bureau of Labor Statistics