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Business News Roundup, Nov. 12, 2021

An international cybersecurity agreement, continuing mismatch between unemployment and job openings, and a potential sign of easing port congestion are among the top business news items this morning.


The United States has joined a major cybersecurity agreement, joining international partners to establish standardized norms and laws on the issue. The Paris Call for Trust and Security in Cyberspace includes 80 nations as well as hundreds of tech companies.

Business trends

Job openings are continuing to outnumber people looking for work, according to a comparison of figures from the jobs site Indeed and Labor Department statistics. Indeed estimates that there are 11.2 million job openings in the U.S., compared to 7.4 million classified as unemployed.

The White House is pointing to falling numbers of idle containers in two major U.S. ports as a sign that supply chain bottlenecks are easing. The number of containers dwelling on the docks at ports Los Angeles and Long Beach for nine days or longer has fallen by 20 percent in the past week.

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