Economics
U.S. Job Openings Rose Unexpectedly in December
- Vacancies increase to 10.9 million, exceeding all estimates
- Quits drop from record but stay high, underscoring churn
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U.S. job openings rose unexpectedly in December while quits declined slightly, suggesting that labor demand held steady in the month despite a surge in Covid-19 infections and pandemic-related business disruptions.