The number of job openings in the US declined by 243,000 to 6.888 million in November 2018 from an upwardly revised 7.131 million in the previous month and below market expectations of 7.063 million. The number of job openings decreased for total private (-237,000) and was little changed for government. The job openings level decreased in a number of industries, with the largest decreases in other services (-66,000) and construction (-45,000). Meanwhile, job openings increased in transportation, warehousing, and utilities (+40,000). Job openings fell mostly in the West region (-196,000). Job Offers in the United States averaged 4188.69 Thousand from 2000 until 2018, reaching an all time high of 7293 Thousand in August of 2018 and a record low of 2196 Thousand in July of 2009.
Job Offers in the United States is expected to be 6300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Job Offers in the United States to stand at 5818.00 in 12 months time. In the long-term, the United States Job Openings is projected to trend around 5600.00 Thousand in 2020, according to our econometric models.