In the latest release from the Bureau of Labor Statistics, we learned that the American economy has finally replaced all the jobs that were lost in the recession. We have also reached another post-recession employment milestone: The number of job openings in the U.S. has climbed to its highest level in seven years, according to the Labor Department. This past April, there were 4.5 million job openings in the U.S.
In that same month, there were 4.7 million workers hired, which isn't quite back to pre-recession levels. For the few years before 2008, there were usually more than 5 million American workers hired each and every month.
Meanwhile, there have been about 2.5 million American workers quitting their jobs each month. That figure was little changed in either April or March.
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