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Job openings, overall hiring reach 5-year highs

By Christopher S. Rugaber

AP Economics Writer

POSTED:
LAST UPDATED: 05:39 a.m. HST, Nov 22, 2013



WASHINGTON » U.S. job openings and overall hiring both rose to five-year highs in September, signaling improvement in the job market.

The Labor Department says job postings rose 69,000 to a seasonally adjusted 3.9 million. That's the most since March 2008, just a few months after the Great Recession began.

Total hiring rose 26,000 to 4.6 million, the highest level since August 2008. The increase suggests employers are not only posting more jobs but are also taking greater steps to fill them. September's total hiring is still below the roughly 5 million people who are typically hired each month in healthier job markets.

The competition for jobs is also easing. There were 2.88 unemployed people, on average, for each available job in September. That's also the lowest since August 2008.






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Mana07 wrote:
The spin is sickening. There are more people than ever not in the labor force so they no longer count. Many of the jobs are part time and low paying. What a load....
on November 22,2013 | 05:43AM
loio wrote:
more BS from this politicized administration
on November 22,2013 | 05:49AM
eoe wrote:
Really? Everyone I know who wants a job has one.
on November 22,2013 | 06:46AM
Mana07 wrote:
Whatever...enjoy your obamacare
on November 22,2013 | 06:59AM
Ronin006 wrote:
Obama lied about Obamacare and who knows what else and the Census Bureau is now being investigated for fabricating employment numbers one month before last year’s presidential election to make Obama look good. Does anyone really believe what the Labor department is now reporting about jobs and hiring?
on November 22,2013 | 07:17AM
HD36 wrote:
If this figure is true, then the "Great Recession " is over. If That's true, then the Federal Reserve can taper or altogether stop Quantitative Easing. If they stop buying $85 billion dollars a month who's gonna be buying bonds and mortgage backed securities in their place? China annnounced yesterday, they will no longer be buying US bonds and expanding their holdings beyond $3.66 trillion. So if without demand, interest rates would spike. How is the largest debtor nation in world history going to make the interest payments on the $17 trillion dollar debt, let alone entitlement payments on over $60 trillion in unfunded liabilities, when we've had a trade deficit of more than $110 trillion over the last 25 years and an annual deficit averaging $1 trillion a year?
on November 22,2013 | 07:27AM
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