Driven by significant growth in the business services sector, the number of job vacancies in the United States rose to its highest level in six months in November

In November, the number of job vacancies in the United States rose to the highest level in six months, primarily driven by a surge in positions in the business services sector, with job vacancies increasing from 7.8 million to 8.1 million, exceeding expectations. Although there was a decrease in job vacancies in the accommodation and food services sector as well as in manufacturing, the overall data broke a nearly three-year downward trend, indicating a solid labor market. Federal Reserve Chairman Jerome Powell stated that the labor market is cooling, and the focus has returned to inflation issues. The market expects a slowdown in hiring activity in December, but the unemployment rate may remain at 4.2%