US job openings jump sharply

AP
Last updated 08:12 10/03/2010

Relevant offers

World

Reserve Bank of Australia holds fire Boom times for Australian wheat US investors seek pay for pre-WWII German bonds Obama rolls out US$50b jobs plan Australian banks have to apply tough new rules Sarkozy presses currency role for G20 BP restarts sale of Alaska assets Paul Hogan flies, but tax row lingers Woolworths plans to offload property Oracle eyes disgraced former HP CEO

Job openings rose sharply earlier this year, a sign that US employers might be preparing to step up hiring.

The number of openings in January rose about 7.6 per cent, to 2.7 million, compared with December, the Labor Department said.

And the job openings rate climbed to 2.1 per cent, the highest in nearly a year.

That rate measures available jobs as a percentage of total employment.

There are now about 5.5 unemployed people, on average, competing for each opening.

That's still far more than the 1.7 people who were competing for each opening when the recession began. But it's down from just over 6 people per opening in December 2009.

The gradually brightening jobs picture corresponds to what many job search Web sites are reporting.

Ad Feedback
Special offers

Featured Promotions

Sponsored Content