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U.S. job openings decline slightly to 10.46 million in November

Kitco Media
By Ernest Hoffman
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Updated
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(Kitco News) - Job openings, a measure of labor demand, fell slightly to 10.46 million on the last day of November from the revised 10.51 million the previous month, the U.S. Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Wednesday.

The data came in above expectations as economists were looking for a decline to 10.1 million job openings.

February gold futures last traded at $1,860.70, up $14.60 or 0.79% on the day.

The latest JOLTS report comes after private sector payrolls processor ADP reported weaker-than-expected job growth in November. ADP said that 127,000 jobs were created last month, with economists expecting to see gains of around 200,000.

Kitco Media

Ernest Hoffman

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Specialization in Journalism from Concordia University. You can reach Ernest at 1-514-670-1339.

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