Tuesday, August 8, 2017

Record Job Openings

Employers across the U.S. had a record 6.2 million job openings posted at the end of June, a sign that employers are hungry for new workers, according to the Labor Department’s Job Openings and Labor Turnover Survey. After the recession, the number of job openings first set a new record in April 2015, and has continued to climb since then.

The number of job openings climbed by 417,000 in June for private employers. There were also an additional 44,000 government postings, which include state and local government.

On top of that, Americans are less likely to be laid off than at any point in at least 50 years. For every 10,000 people in the workforce, only 66 claimed new unemployment benefits in July, trending at the lowest point on record going back to 1967. The previous low point, 83 per 10,000, was touched in April 2000, at the height of the dot-com boom.

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