November's Job Openings and Labor Turnover Survey (JOLTS) data came in showing higher-than-expected job openings of 8.098 million compared to economists' forecasted 7.7 million. The job openings rate increased to 4.8% in November, while the quit rate declined as workers' voluntary departures fell to 3.06 million from October's 3.28 million.
Catalysts co-hosts Madison Mills and Seana Smith dive into the details and its broader labor market implications ahead of Friday's crucial jobs report.
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This post was written by Angel Smith