US Job Openings Decline to 14-Month Low in November

"...Finding a job continued to be a slog at the end of the year, new data shows..."

"...hiring rates wilted even further..."

"...Very few industries posted net gains during November, and those gains were meek..."

"...the all-important turnover activity continues to grind slower and slower..."

"...culminating with the December jobs report on Friday morning..."

"...That would cap off what was a sluggish year of employment gains as high uncertainty (from sweeping policies such as those related to tariffs) and dramatic shifts in the nation’s immigration flows weighed on hiring..."

"...A ‘K-shaped’ labor market..."

"...Health care and education businesses as well as those in the leisure and hospitality sector drove the job gains reported for December..."

"...Health services is an expensive type of service for most consumers; leisure and hospitality is a discretionary service for all consumers..."

"...These two sectors are consistent with a K-shaped economy where higher-income consumers are driving spending..."

"...Small establishments recovered from November job losses with positive end-of-year hiring, even as large employers pulled back..."

"...Pay gains for people who stayed at their jobs held steady in November at 4.4%, while wage bumps for job-changers accelerated to 6.6% from 6.3%..."