‘The slowdown in job openings is a natural response to the pandemic worsening.’ But this industry suffered more than others

'The slowdown in job openings is a natural response to the pandemic worsening.' But this industry suffered more than others

The food service and accommodation industry saw the highest monthly decline in job openings among all other sectors in November — declining to 1.3 million openings from 1.6 million in October, according to new data released Tuesday by the Bureau of Labor Statistics.

Job openings declining in the industry isn’t necessarily a sign of strength — or weakness — for the industry, said Daniel Zhao, senior economist at careers website Glassdoor. Hiring was relatively flat in the industry compared to prior months — but it’s still hovering at around 1 million new hires.

“The slowdown in job openings is a natural response to the pandemic worsening as employers hesitate to go full force on hiring until the public-health situation improves,” Zhao told MarketWatch. Some 4.5 million Americans quit their jobs in November — marking a record quit rate of 3%.

As such measures suggest, “employers are still hiring aggressively and…

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