US JOLTs Job Openings (Nov) 7.146M vs. Exp. 7.60M (Prev. 7.449M, Rev. 7.670M)

• Vacancy rate: 4.3% (prev. 4.6%, revised 4.5%)
• Quits rate: 2.0% (prev. 1.8%, revised 1.9%)

The US JOLTs job openings data for November came in at 7.146 million, missing expectations of 7.60 million, and also falling short of the previous reading. This suggests a potential softening in the labor market, which could have implications for wage growth and overall economic activity, possibly influencing the Fed's stance on rates going forward.