Unemployment, Job Vacancies Rise in November
There is no clearer picture that the U.S. economy is a see-saw than in the job numbers. After months of steady gains in job opportunities and hiring, November reminds us all there are bumps on the asphalt playground.
On the plus side, job vacancies rose modestly by 47,000 in November for technical and health-care-related occupations, according to a monthly report from The Conference Board.
"In November, demand for workers continued to be positive, albeit moving at a disappointingly slow pace for the last few months," said June Shelp, vice president at The Conference Board. "November was a surprisingly quiet month throughout the nation, with most states posting small gains/losses in advertised vacancies."
After an October that saw an increase of 14,700 job openings in computer and mathematical science vacancies, November saw slimmer gains of 2,500, according to data in The Conference Board report. Computer and math job categories have the lowest supply-and-demand rates of any occupation at .26 more vacancies than unemployed people.