Deep Tide TechFlow news, on January 7th, according to Jinshi reports, driven by a significant increase in the commercial services industry, job vacancies in the U.S. rose to a six-month high in November, while demand for employees in other sectors has become more complex. The U.S. Bureau of Labor Statistics released the Job Openings and Labor Turnover Survey (JOLTS) on Tuesday, showing that job vacancies increased from the revised 7.8 million in October to 8.1 million, exceeding all analysts' expectations.
The growth was almost entirely driven by professional and business services as well as finance and insurance. The latest job vacancy numbers indicate a easing of the downward trend seen over the past three years. The job market now appears to be more solid, and inflation has shown stubborn behavior in recent months, which has lowered expectations for the Federal Reserve to cut interest rates this year. Following the data release, traders no longer fully digest bets that the Federal Reserve would cut rates before July.
