Chrome

Chrome Will Limit Access To Private Networks, Citing Security Reasons (therecord.media) 32

Google says that its Chrome browser will soon block internet websites from querying and interacting with devices and servers located inside local private networks, citing security reasons and past abuse from malware operations. From a report: The change will take place through the implementation of a new W3C specification called Private Network Access (PNA) that will be rolled out in the first half of the year. The new PNA specification adds a mechanism inside the Chrome browser through which internet sites can ask systems inside local networks for permission before establishing a connection. If local devices, such as servers or routers fail to respond, internet websites will be blocked from connecting.
Data Storage

PCI Express 6.0 Specification Finalized: x16 Slots To Reach 128GBps (anandtech.com) 31

PCI Special Interest Group (PCI-SIG) has released the much-awaited final (1.0) specification for PCI Express 6.0. From a report: The next generation of the ubiquitous bus is once again doubling the data rate of a PCIe lane, bringing it to 8GB/second in each direction -- and far, far higher for multi-lane configurations. With the final version of the specification now sorted and approved, the group expects the first commercial hardware to hit the market in 12-18 months, which in practice means it should start showing up in servers in 2023. First announced in the summer of 2019, PCI Express 6.0 is, as the name implies, the immediate follow-up to the current-generation PCIe 5.0 specification. Having made it their goal to keep doubling PCIe bandwidth roughly every 3 years, the PCI-SIG almost immediately set about work on PCIe 6.0 once the 5.0 specification was completed, looking at ways to once again double the bandwidth of PCIe. The product of those development efforts is the new PCIe 6.0 spec, and while the group has missed their original goal of a late 2021 release by mere weeks, today they are announcing that the specification has been finalized and is being released to the group's members. As always, the creation of an even faster version of PCIe technology has been driven by the insatiable bandwidth needs of the industry. The amount of data being moved by graphics cards, accelerators, network cards, SSDs, and other PCIe devices only continues to increase, and thus so must bus speeds to keep these devices fed. As with past versions of the standard, the immediate demand for the faster specification comes from server operators, whom are already regularly using large amounts of high-speed hardware. But in due time the technology should filter down to consumer devices (i.e. PCs) as well.
Businesses

Wordle Copycats Have Vanished From Apple's App Store (polygon.com) 37

The many Wordle copycats that were flooding Apple's App Store seem to have disappeared. The apps appear to have been removed by Apple shortly after their existence caused a stir on social media. From a report: Wordle itself doesn't have an official iOS app so other developers looked to hop on the coattails of the game's success. But when one in particular started bragging on Twitter about the attention his version of the app was getting, he quickly caught heat, drawing attention to both his app and the many other Wordle clones on the App Store. While there are still a few five-letter word games on the store, they don't have the name Wordle attached like the most egregious ripoffs from the last few days have. Instead these games have named like PuzzWord. There are still a few games left on the App Store that are actually called Wordle, but one was released three years ago and the other was released five years ago with very different concepts from the surprise hit developed by Josh Wardle. While the apps are now gone from the store, the question of why they're gone remains open. There's been no official word from Apple on whether or not the apps were removed because they violated a store rule, or simply because Apple no longer wanted them on the App Store. Either way, for now the only way to play real Worlde on your phone is still to navigate to the website on a browser.
Bug

T-Mobile Says It Has 'Not Broadly Blocked' iCloud Private Relay, Blames iOS 15.2 Bug For Errors (9to5mac.com) 11

T-Mobile has officially acknowledged a bug that has blocked some subscribers from using iCloud Private Relay when connected to cellular networking. In a statement to 9to5Mac, T-Mobile blamed this situation on a bug in iOS 15.2 and said that it has "not broadly blocked" iCloud Private Relay. From the report: It's also important to note that this bug is not only affecting T-Mobile subscribers, as the company says in its statement. Instead, it's a bug that seems to affect iOS 15.2 broadly rather than T-Mobile specifically. The issue is also still present in the latest release of iOS 15.3 beta. The full statement reads: "Overnight our team identified that in the 15.2 iOS release, some device settings default to the feature being toggled off. We have shared this with Apple. This is not specific to T-Mobile. Again though, we have not broadly blocked iCloud Phone Relay."

A solution to the problem that has worked for 9to5Mac in testing is to go to Settings, then choose Cellular, then choose your plan, and ensure that "Limit IP Address Tracking" is enabled. Make sure to complete these steps while WiFi is disabled and you are connected to your cellular network. T-Mobile has, however, acknowledged that are situations in which it is required to block iCloud Private Relay due to technical reasons. Namely, if your account or line has content moderation features or parental controls enabled, you will be unable to use iCloud Private Relay when connected to cellular. [...] A source has also confirmed to 9to5Mac that this also applies to certain legacy plans that include the Netflix on Us perk and have Family Allowances enabled.

Chrome

Hotel Chain Switches To Chrome OS To Recover From Ransomware Attack (therecord.media) 77

A Scandinavian hotel chain that fell victim to a ransomware attack last month said it took a novel approach to recover from the incident by switching all affected systems to Chrome OS. The Record reports: Nordic Choice Hotels, which operates 200 hotels across Northern Europe, fell victim to a ransomware attack on December 2, when hackers encrypted some of its internal systems using the Conti ransomware strain. The attack prevented staff from accessing guest reservation data and from issuing key cards to newly arriving guests, as one of the hotel's guests told The Record in an interview last month. But in a press release today, Nordic Choice said that instead of contacting the hackers and negotiating a ransom for the decryption key that would have unlocked the infected devices, the hotel chose to migrate its entire PC fleet from Windows to Chrome OS.

"[I]n less than 24 hours, the first hotel was operating in the Chrome OS ecosystem from Google. And in the following two days, 2000 computers were converted all over the company consisting of 212 hotels in five different countries," the hotel chain explained. Kari Anna Fiskvik, VP Technology at Nordic Choice Hotels, said the hotel had already run a pilot program to test the tool before the attack as a way to save money by reusing old computers with a less-demanding OS. "So when we suddenly had to deal with the cyberattack, the decision to go all in and fasttrack the project was made in seconds," Fiskvik said. Nordic Choice said it plans to migrate another 2,000 computers to Chrome OS, on top of the 2,000 it migrated during the attack. The hotel chain said they expect to save $6.7 million by converting old computers to Chrome OS instead of buying new hardware.

Security

Hackers Can Cut the Lights With Rogue Code, Researchers Show (bloomberg.com) 27

Safety device used for electrical distribution worldwide could be hacked to turn off power, according to cybersecurity experts. From a report: As Ang Cui added more juice to the power grid, overhead electric lines began to glow bright orange. Then, within seconds, the power lines evaporated in a flash of smoke, leaving an entire section of Manhattan in the dark. No actual buildings or people lost power because, luckily, this was just a simulation -- a tabletop diorama of Manhattan complete with tiny copper power lines and the Statue of Liberty relocated to a pared-down Central Park. Cui's colleagues at Red Balloon Security had unleashed a few lines of malicious code that knocked out a computer designed to protect electrical lines. The real-world consequences were unmistakable: hackers could shut off power in parts of the city, an industrial plant or sports stadium by targeting the very systems designed to protect it. "Whew -- need to open a window," said Cui, Red Balloon's chief executive officer and founder, wafting his hands in an effort to clear the smoke swirling around his fourth-floor office. The charred remains of plastic poles were all that was left of the diorama's power lines.

Safety devices like the one Cui's team examined are key to the operation and stability of the modern electric grid. Known as protection relays, they cut the power when faults, or abnormal currents, threaten to damage equipment or harm people. Researchers at Red Balloon discovered vulnerabilities on a relay made by the French firm Schneider Electric SE, called the Easergy P5. The company on Tuesday published a software fix for the device, which is not yet for sale in the U.S. A Schneider Electric spokesman said the firm is "extremely vigilant of cyber threats and continually assesses and evolves our products and R&D practices to better protect our offers, and our customers' operations against them." "Upon learning of the vulnerabilities with the Schneider Electric Easergy P5 protection relay, we worked immediately to resolve them," according to the spokesman. "We urge users of the product to follow the guidance we will provide in the Jan. 11 security notification -- which includes a software patch that will address the immediate risk -- as part of our disclosure process. Users should implement general cybersecurity best practices across their operation to protect their systems."

Security

Ransomware Attack Leads To Jail Lockdown (abqjournal.com) 10

Bernalillo County filed an emergency notice in federal court last week because a ransomware attack made the Metropolitan Detention Center unable to comply with terms of a settlement agreement in a years-running lawsuit over jail conditions. From a report: The county last Wednesday announced its offices and systems were the victims of a cyberattack, affecting a wide variety of county government operations. Most county buildings were closed until further notice. As a result, the county-operated MDC has been unable to access its cameras since the attack, which is one of the reasons it has fallen out of compliance in the McClendon v. City of Albuquerque lawsuit, which centers on jail conditions. The attack has limited how much time inmates can spend out of their cells, and also reduced their access to telephones and tablets, according to the filing. The county also has been unable to gather data required as a condition of the settlement agreement. No visitors have been allowed. The county said in the filing that its inability to access cameras is one of the more concerning aspects of the cyberattack, which has caused the facility to be on "lockdown" since Wednesday.
Firefox

Firefox 96 Yields Less Load On The Main Thread, WebP Encoder For Canvas (phoronix.com) 43

Firefox 96.0 is officially shipping today as the first update of 2022 for this open-source web browser. From a report: Firefox 96.0 has "significantly" reduced the amount of load placed on the browser's main thread and there is also "significant" improvements in noise suppression and auto-gain-control and improvements in echo cancellation. In addition to that performance work, there are also WebRTC improvements, an improved cookie policy to reduce the likelihood of Cross-Site Request Forgery (CSRF) attacks, video quality degradation fixes, and other fixes. Over on developer.mozilla.org are some of the web developer changes with Firefox 96 including CSS color value function hwb() support for specifying the hue/whiteness/blackness, support for the CSS color-scheme property, the Web Locks API is enabled by default, image encoder support for WebP for exporting HTML5 canvas elements, and other additions.
Security

CISA Director: We'll Be Dealing With Log4j For a Long Time (cnet.com) 46

Security professionals will be dealing with the fallout from the Log4j bug for a long time to come, top officials for the Cybersecurity and Infrastructure Security Agency said Monday. CNET reports: If left unpatched or otherwise unfixed, the major security flaw discovered a month ago in the Java-logging library Apache Log4j poses risks for huge swaths of the internet. The vulnerability in the widely used software could be exploited by cyberattackers to take over computer servers, potentially putting everything from consumer electronics to government and corporate systems at risk of a cyberattack. No US federal agencies have been compromised as a result of the vulnerability, CISA Director Jen Easterly told reporters on a call Monday. In addition, no major cyberattacks involving the bug have been reported in the US, though many attacks go unreported, she said.

Easterly said the sheer scope of the vulnerability, which affects tens of millions of internet-connected devices, makes it the worst she has seen in her career. It's possible, she said, that attackers are biding their time, waiting for companies and others to lower their defenses before they attack. "We do expect Log4Shell to be used in intrusions well into the future," Easterly said, using the name for the bug in the Log4j software. She noted the Equifax data breach in 2017, which compromised the personal information of nearly 150 million Americans, stemmed from a vulnerability in open-source software. Most of the attempts to exploit the bug, so far, have been focused on low-level crypto mining or attempts to draw devices into botnets, she said.

Security

Threat Actors Can Simulate IPhone Reboots and Keep IOS Malware On a Device (therecord.media) 23

An anonymous reader quotes The Record: In a piece of groundbreaking research published on Tuesday night, security firm ZecOps said that it found a way to block and then simulate an iOS restart operation, a technique that they believe could be extremely useful to attackers who may want to trick users into thinking they rebooted their device and as a result, maintain access for their malware on that infected system.

The technique is of extreme importance and gravity because of the way the iPhone malware landscape has evolved in recent years, where, due to advances in the security of the iOS operating system, malware can't achieve boot persistence as easily as it once did.... As a result, many security experts have recommended over the past year that users who might be the target of malicious threat actors regularly reboot devices in order to remove backdoors or other implants.... But in a blog post on Tuesday, ZecOps said that the iOS restart process isn't immune to being hijacked once an attacker has gained access to a device, in a way to perform a fake restart where the user's device only has its UI turned off, instead of the entire OS.

Security

Salesforce To Require MFA For All Users Starting Next Month (therecord.media) 56

An anonymous reader writes: Salesforce, the world's largest customer relationship management platform, said that customers must have a form of multi-factor authentication (MFA) turned on starting next month, or they won't be able to access their accounts. "Beginning February 1, 2022, Salesforce will require customers to use MFA in order to access Salesforce products," the company said last month.

Salesforce said that users will be able to choose from using security keys, an authenticator app, or an OS biometrics systems to secure accounts. MFA solutions that rely on sending one-time passcodes via email, phone, or SMS messages won't be allowed "because these methods are inherently vulnerable to interception, spoofing, and other attacks," Salesforce explained.

"We encourage users to register multiple verification methods so they have a backup in case they forget or lose their primary method," the company added.
The Military

Cyber Command Task Force Conducted Its First Offensive Operation (thedrive.com) 31

An anonymous reader quotes a report from The Drive: AU.S. Cyber Command task force executed what is being described as its "first offensive cyber effect operation" against real-world cyber threats. While the exact nature of the operation and its target remains unknown, the event was significant enough for the U.S. Secretary of Defense to personally attend to watch the operation in action. The operation was conducted between February and August 2021 by a task force consisting of personnel from the Maryland Air National Guard's 175th Cyber Operations Group, the Delaware Air National Guard's 166th Cyber Operations Squadron, U.S. Navy's Cyber Strike Activity Sixty-Three, the U.S. Air Force's 341st Cyber Operations Squadron, and the Air Force Reserve. The task force executed the operation from February to August last year, although the Air National Guard (ANG) just announced it this week. While there have been other offensive cyber operations conducted by U.S. Cyber Command (USCYBERCOM), this is the first conducted and acknowledged by this particular task force.

Details about the specific threat countered by the task force's cyber offensive are scarce, but USAF Maj. Corley Bradford, director of operations for 175th Cyberspace Operations Squadron, said the offensive cyber operation involved the security of Department of Defense information networks. "[Our] NMT was a direct contributor to [our task force] conducting a successful offensive cyber effects operation," Bradford stated in an ANG press release. "It was a lot of excitement to finally see the fruits of our labor when [our task force] delivered its first offensive cyber effects operations during this mobilization," said Bradford. Interestingly, Secretary of Defense Lloyd J. Austin III was on hand to personally witness the operation. "It was a massive milestone," Maj. Bradford said, "so he wanted front row seats to see the action firsthand."

Security

Hackers Target US Defense Firms With Malicious USB Packages (bleepingcomputer.com) 57

The Federal Bureau of Investigation (FBI) warned US companies in a recently updated flash alert that the financially motivated FIN7 cybercriminals group is targeting the US defense industry with packages containing malicious USB devices. BleepingComputer reports: The attackers are mailing packages containing 'BadUSB' or 'Bad Beetle USB' devices with the LilyGO logo, commonly available for sale on the Internet. The packages have been mailed via the United States Postal Service (USPS) and United Parcel Service (UPS) to businesses in the transportation and insurance industries since August 2021 and defense firms starting with November 2021. FIN7 operators impersonate Amazon and the US Department of Health & Human Services (HHS) to trick the targets into opening the packages and connecting the USB drives to their systems. Since August, reports received by the FBI say that these malicious packages also contain letters about COVID-19 guidelines or counterfeit gift cards and forged thank you notes, depending on the impersonated entity.

After the targets plug the USB drive into their computers, it automatically registers as a Human Interface Device (HID) Keyboard (allowing it to operate even with removable storage devices toggled off). It then starts injecting keystrokes to install malware payloads on the compromised systems. FIN7's end goal in these attacks is to access the victims' networks and deploy ransomware within a compromised network using various tools, including Metasploit, Cobalt Strike, Carbanak malware, the Griffon backdoor, and PowerShell scripts. [...] Companies can defend against such attacks by allowing their employees to connect only USB devices based on their hardware ID or if they're vetted by their security team.

Security

Discord Hacking is the Newest Threat For NFT Buyers (theverge.com) 24

One compromised admin account led to two projects being scammed in a day. From a report: On Tuesday, December 21st, two NFT projects fell victim to the same attack. Like many projects in the crypto world, the NFT collection Monkey Kingdom and in-game asset marketplace Fractal both engaged heavily with their communities through Discord chat servers. Both projects were about to distribute rewards to their community members: Monkey Kingdom through an NFT presale on the day of the 21st and Fractal through a token airdrop -- essentially a free distribution to early supporters -- a few days later. Then, disaster struck. Posts appeared in the official "announcements" channel of each project claiming that a surprise mint would reward community members with a limited edition NFT. Hundreds jumped at the chance -- but for those who followed the links and connected their crypto wallets, a costly surprise was waiting. Rather than receiving an NFT, wallets were being drained of the Solana cryptocurrency, which both projects used for purchases.

In the space of an hour, a Twitter post, first from Monkey Kingdom and then from Fractal, informed followers that their Discord servers had been hacked; news of the NFT mints was bogus, the links a phishing fraud. In the case of Fractal, the scammers got away with about $150,000 worth of cryptocurrency. For Monkey Kingdom, the estimated total was reported to be $1.3 million. Neither attack targeted the blockchain or the tokens themselves. Instead, the thieves exploited weaknesses in the infrastructure used to sell the tokens -- specifically, the Discord chatrooms where NFT fans gather. It's a reminder of a persistent weakness in the growing NFT economy, where surprise drops have primed buyers to move fast or risk missing out. But the same techniques that hype up a sale can also open the door to hackers -- and in this case, a single compromise can end up spreading to more than one community at once. In this case, the NFTs thieves had targeted a feature known as a webhook. Webhooks are used by many web applications (Discord included) to listen for a message sent to a particular URL and trigger an event in response, like posting content to a certain channel. By gaining access to webhooks belonging to the Fractal and Monkey Kingdom Discord servers, the hackers were able to send messages that were broadcast to all members of certain channels: a feature meant to be used only for official communications from the project teams. This was where the fake "announcement" had come from and why it had pointed to a scam address. In hindsight, the content should have raised some red flags -- but given the distribution method, it looked just legitimate enough that many were fooled.

Transportation

Honda Clocks Are Stuck 20 Years In The Past And There Isn't A Fix (jalopnik.com) 117

Honda and Acura owners around the world are reporting that their clocks and calendars are getting stuck at a certain time in the year 2002. "The spread is impressive, impacting Honda and Acura models as old as 2004 and as new as 2012," reports Jalopnik. "There is no fix for the current issue. Honda says it's investigating and if it does not find a fix, the clocks should correct themselves sometime in August." From the report: As a number of Honda and Acura owners have noted on these forums, their clocks read correctly until what appeared to have been the first time update of 2022. Then, their navigation systems turned into time machines, leaving them behind as they went back to 2002. I asked Honda about the cause of the issue and received this back: "American Honda is aware of a potential concern related to the clock display on certain older Acura and Honda models equipped with navigation systems. We are currently investigating this issue to determine possible countermeasures and have no additional details to share at this time." Owners have also reached out and received different responses.

If you have experience coding or troubleshooting software, the possible cause of this time warp probably popped into your head early on. Drive Accord forum user Jacalar went into the navigation system's diagnostic menu on Sunday and discovered that the GPS date was set to May 19, 2002, or exactly 1024 weeks in the past. Global Positioning Systems measure time from an epoch, or a specific starting point used to calculate time. The date is broadcasted including a number representing the week, coded in 10 binary digits. These digits count from 0 to 1023 then roll over on week 1024. GPS weeks first started on January 6, 1980 before first zeroing out on midnight August 21, 1999. It happened again April 6, 2019. The next happens in 2038.

If software isn't coded to account for the rollover, weird stuff can happen, like a calendar going back exactly 1024 weeks. It's impossible to know for sure without being able to look at Honda's programming, but these navigation systems might be programmed so that the start of their week counter is a date 19.6 years in the past, but not in-line with GPS epoch. Owners should be able to turn off the automatic update function and set the date and time manually, but they're finding that the functionality doesn't work right now. Likewise, the clock resets back to the incorrect time every time the car is started.

Privacy

FlexBooker Discloses Data Breach, Over 3.7 Million Accounts Impacted (bleepingcomputer.com) 10

An anonymous reader quotes a report from BleepingComputer: Accounts of more than three million users of the U.S.-based FlexBooker appointment scheduling service have been stolen in an attack before the holidays and are now being traded on hacker forums. The same intruders are offering databases claiming to be from two other entities: racing media organization Racing.com and Redbourne Group's rediCASE case management software, both from Australia. Among FlexBooker's customers are owners of any business that needs to schedule appointments, which is everything from accountants, barbers, doctors, mechanics, lawyers, dentists, gyms, salons, therapists, trainers, spas, and the list goes on.

Claiming the attack seems to be a group calling themselves Uawrongteam, who shared links to archives and files with sensitive information, such as photos, driver's licenses, and other IDs. According to Uawrongteam, the database contains a table with 10 million lines of customer information that ranges from payment forms and charges to driver's license photos. The actor notes that some "juicy columns" in the database are names, emails, phone numbers, password salt, and hashed passwords. FlexBooker has sent a data breach notification to customers, confirming the attack and that the intruders "accessed and downloaded" data on the service's Amazon cloud storage system. "On December 23, 2021, starting at 4:05 PM EST our account on Amazon's AWS servers was compromised," reads the notification, adding that the intruders did not access "any credit card or other payment card information."

IT

This Keyboard Lets People Type So Fast It's Banned From Typing Competitions (vice.com) 123

The CharaChorder is a new kind of typing peripheral that promises to let people type at superhuman speeds. From a report: It's so fast that the website Monkeytype, which lets users participate in typing challenges and maintains its own leaderboard, automatically flagged CharaChorder's CEO as a cheater when he attempted to post his 500 WPM score on the its leaderboards. It's a strange looking device, the kind of thing Keanu Reeves would interface with in Johnny Mnemonic. Your palms rest on two black divots out of which rise nine different finger sized joysticks. These 18 sticks move in every direction and, its website claims, can hit every button you need on a regular keyboard. "CharaChorder switches detect motion in 3 dimensions so users have access to over 300 unique inputs without their fingers breaking contact with the device," it said. Users input words and commands by clicking the switches in different directions. CharaCorder claims that, once a user learns how to type with the machine, they can achieve speeds impossible on a QWERTY keyboard. Most people type around 40 words per minute (WPM) with skilled typists hitting upwards of 100 WPM. Competition typers can break into the 200 WPM. Riley Keen, CharaChorder's CEO, is posting TikToks where he's hitting speeds above 500 WPM.
Microsoft

First Microsoft Pluton-powered Windows 11 PCs To Start Rolling Out this Year 61

In November 2020, Microsoft took the wraps off its Pluton security chip, with the goal of bringing it to all Windows 10 PCs. It wasn't until this week, that any of Microsoft's OEMs announced their first Pluton-powered PCs. From a report: At CES, Lenovo unveiled its Ryzen-6000-based ThinkPad Z series laptops running Windows 11, which will integrate the Microsoft Pluton processor. The coming ThinkPad Z series laptops will begin shipping in May 2022. Thanks to Pluton, these devices will be able to receive updated firmware using Windows Update. In the ThinkPad Z13 and Z16, Pluton will help protect Windows Hello credentials, according to Microsoft, by further isolating them from attackers. These new ThinkPads will use Pluton as their TPMs to protect encryption keys from physical attacks, Microsoft officials said. Microsoft pioneered Pluton first in Azure Sphere, its Linux-based microcontroller, and in Xbox. In a January 4 blog post, Microsoft officials noted that Pluton can be configured in three ways: As the Trusted Platform Module (TPM); as a security processor for non-TPM scenarios like platform resiliency; or inside a device where OEMs have opted to ship with the chip turned off.
Security

FTC Warns of Legal Action Against Organizations That Fail To Patch Log4j Flaw (techcrunch.com) 60

U.S. organizations that fail to secure customer data against Log4Shell, a zero-day vulnerability in the widely-used Log4j Java logging library, could face legal repercussions, the Federal Trade Commission (FTC) has warned. From a report: In an alert this week, the consumer protection agency warned that the "serious" flaw, first discovered in December, is being exploited by a growing number of attackers and poses a "severe risk" to millions of consumer products. The public letter urges organizations to mitigate the vulnerability in order to reduce the likelihood of harm to consumers and to avoid potential legal action.

"When vulnerabilities are discovered and exploited, it risks a loss or breach of personal information, financial loss and other irreversible harms," the agency said. "The duty to take reasonable steps to mitigate known software vulnerabilities implicates laws including, among others, the Federal Trade Commission Act and the Gramm Leach Bliley Act. It is critical that companies and their vendors relying on Log4j act now, in order to reduce the likelihood of harm to consumers, and to avoid FTC legal action."

Businesses

A Record 4.5 Million Americans Quit Their Jobs In November (bloomberg.com) 128

An anonymous reader quotes a report from Bloomberg: A record 4.5 million Americans quit their jobs in November while openings remained elevated, highlighting persistent churn in the labor market. The increase in departures was broad across industries and pushed the quits rate up to 3%, matching the most in data back to 2000. Meanwhile, the number of available positions fell to 10.6 million from an upwardly revised 11.1 million in October, the Labor Department's Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday.

The median forecast in a Bloomberg survey of economists called for a rise to 11.1 million job openings. While the drop was the largest since April 2020, vacancies remain well above pre-pandemic levels. The unprecedented level of quits -- including a record 1 million in leisure and hospitality alone -- suggests a lingering struggle for employers to retain talent. Meanwhile, the month's increase in hiring showed companies were able to make at least some headway filling vacancies. The data come ahead of Friday's monthly employment report from the Labor Department, which is currently forecast to show that the U.S. added 420,000 jobs in December. [...] Total hires were little changed in November at 6.7 million. Layoffs and discharges were also steady.

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