Jobs are there but people are not applying?

Even more job openings were posted in October while quits stayed near record highs

• US job openings rose to 11 million in October, according to JOLTS data out on Wednesday.

• Economists expected openings to be at 10.5 million but they shot higher just shy of July's record high.

• Another 4.2 million Americans quit, a drop from September's record but the third highest ever.

• 7.4 million collecting unemployment.

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