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U.S. job openings in June hit 13-year high

U.S. employers in June advertised the most monthly job openings in more than 13 years.
By JOSH BOAK, AP Economics Writer Published: August 13, 2014
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In brief

Job openings

in U.S. climb

— U.S. employers in June advertised the most monthly job openings in more than 13 years.

Employers posted 4.67 million jobs in June, up 2.1 percent from May’s total of 4.58 million, the Labor Department reported Tuesday. The number of advertised openings was the highest since February 2001.

The report “provides further confirmation that the U.S. labor market has indeed shifted to a period of stronger growth,” said Jeremy Schwartz, an analyst at the bank Credit Suisse.

Known as the Job Openings and Labor Turnover survey, the report provides a detailed look at where employment might be heading. It records job postings, overall hiring and the number of workers who either quit or were laid-off.

Hiring rose in June to 4.83 million, up from 4.74 million in May.

Job openings have increased 17.6 percent during the past 12 months, while hiring has risen 9.3 percent.

Associated Press