Employers posted fewer open jobs in November, the second straight month of decline after openings reached a record high in September.
The Labor Department reports:
- The number of available jobs slipped 0.8 percent to 5.88 million
- That's down from 5.93 million in October.
- September's peak was 6.18 million
- Job openings are still 4.4 percent higher than a year ago
With the economy expanding at a solid pace and businesses confident about future demand, hiring is likely to remain solid going forward.