“The top line number of payroll gains actually isn’t what one should focus on, because how many jobs you need depends so heavily on how many people there are.”
“The question is: Are job openings going to stay steady now, as hiring continues to add jobs? Or will they start the decline again?”
Despite adding more than expected payroll last month, employers’ hiring plans continue to face uncertainty in the new year.
Since leaving their jobs, Paige Miller and Liz Bronson have had a hard time landing their next roles.
The labor market continued to cool in November—but HR shouldn’t necessarily count on the trend persisting in 2025.
Overall employment saw a rebound in November following October’s jobs report, but unemployment ticked up slightly.
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