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The U.S. has 1 million more job openings than unemployed workers

https://www.cbsnews.com/news/the-u-s-has-1-million-more-job-openings-than-unemployed-workers/
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Mar 15, 2019 6:48 PM 1+ mon ago

The U.S. has 1 million more job openings than unemployed workers

U.S. employers posted nearly 7.6 million open jobs in January, near a record high set in November, a sign that businesses are still hungry for workers despite evidence the economy has slowed. There are now about 1 million more open jobs than unemployed workers.

The Labor Department said Friday that hiring also rose and the number of people quitting their jobs picked up. Quits are a sign of a healthy economy, because people typically leave a job for another, usually higher-paying, one. Openings began to outpace the unemployed last spring, for the first time in the 18 years the data has been tracked.

"The question now is, will workers be increasingly tempted to switch to new jobs or will their current employers raise wages to keep them?" said Nick Bunker, an economist at job listings website Indeed.

The strong job market is ...

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