‘The slowdown in job openings is a natural response to the pandemic worsening.’ But one 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.
“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%. To lure workers in employers, in some cases, dangled free iPhonesAAPL, college tuition reimbursement and higher wages. Among all industries, the leisure and hospitality sector, which includes food service and accommodation jobs, has been working to attract workers.
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