According to CoinWorld, Nick Timiraos, the "mouthpiece of the Federal Reserve," tweeted that: In November, the US private sector job vacancy rate dropped to 4.5%, a new cycle low, with the employment rate also falling back to 3.5%, also at a cycle low; the resignation rate slightly increased by 0.1 percentage points to 2.2%, while the layoff rate decreased by 0.1 percentage points to 1.2%, indicating that the labor market remains tight.