October 1, 2014
WASHINGTON (AP) - U.S. employers in June advertised the most monthly job openings in more than 13 years.
The Labor Department says that employers posted 4.67 million jobs in June, up 2.1 percent from May's total of 4.58 million. The number of advertised openings was the highest since February 2001, a positive sign that points to the possibility of stronger economic growth.
Roughly the same percentage of Americans quit their jobs in June as they did in May, though the rate has increased over the past year. Quit rates usually rise when employees are finding new and better-paying jobs.
Hiring rose in June to 4.83 million, up from 4.74 million in May. Still, the hiring rate has not risen over the past year as quickly as the number of positions being advertised.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.