1) 4.5 million of U.S. workers quit in November, 10.56 million openings available
U.S. workers quit their jobs at a record number in November last year, surging by 8.9% from October to record at 4.53 million, according to the Labor Department. Meanwhile, the number of job openings in November fell to 10.56 million, lower than the estimate of 11 million and the openings of 11.09 million in October. Still, the figure was well beyond 6.88 million that were out of work and looking for jobs in November.
2) Omicron represents 95% of sequenced cases in U.S.
The Covid-19 omicron variant represents 95% of sequenced cases in the U.S. while delta variant is now only 4.6% of sequenced cases, according to the report from the Centers for Disease Control and Prevention. The U.S. recently made a record high of over one million daily cases.
3) Toyota tops GM in U.S. car sales
The Japanese carmaker Toyota Motor topped General Motors in car sales in the U.S., marking the first time since 1931 that the latter was not the best car-selling company in the U.S.
The rise in sales of Toyota is reportedly due to its well-managed supply chain issues, especially an ongoing shortage of semiconductor chips.
4) OPEC+ agrees to 400,000bpd of output increase in Feb
OPEC and its allies agreed to increase their output by 400,000 barrels per day in February amid months of pressure from the U.S. for the world’s largest oil producers to increase output in order to curb rising oil prices.
