Here’s another sign of strength in the economy and in the employment market: U.S. job openings increased to their highest level in more than 13 years in June. They rose to a seasonally adjusted 4.67 million, according to figures released by the Labor Department on Tuesday. That was the highest number for that figure since February 2001.
The Labor Department notes that the number of job openings has trended strongly upward in recent months. From June 2013 to January 2014, the number of job openings barely moved, dropping by 97,000. But from January 2014 through June 2014, the number of job openings increased by 797,000 openings – an average of 159,000 new job openings per month.
Hiring levels are also picking up. The Labor Department also said yesterday that hiring has now risen to its highest level since February 2008.
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