LAID OFF?: Hiring and quitting slowed in November
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Posted On: 01/13/2024 5:51:05 AM
LAID OFF?:
Hiring and quitting slowed in November, while layoffs remain historically low, according to the U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey.
This means job security is strong for existing workers, while the unemployed may have trouble finding a new gig.
Companies may be encouraged in 2024 if the Federal Reserve starts cutting interest rates.
Hiring and quitting slowed in November, while layoffs remain historically low, according to the U.S. Labor Department’s monthly Job Openings and Labor Turnover Survey.
This means job security is strong for existing workers, while the unemployed may have trouble finding a new gig.
Companies may be encouraged in 2024 if the Federal Reserve starts cutting interest rates.
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