Skip to footer

Job openings jump 14 percent in October

Private job openings rose 13.88 percent between September and October, and are up 39.88 percent from October 2009.

|
SoldAtTheTop / The Paper Economy
This graph shows private job openings (excluding farm laborers) over the past decade (red line, left axis) and total unemployment (U6, including the underemployed and those no longer seeking work – blue line, right axis). October's 14 point jump in job openings wasn't matched by a drop in unemployment, but is a strong indicator of a recovering economy.

Today, the Bureau of Labor Statistics released their latest monthly read of job availability and labor turnover (JOLT) showing that private non-farm job “openings” jumped 13.88% since September rising 39.88% above the level seen in October 2009 while job “hires” declined 0.61% since September but remained 6.51% above the level seen in October 2009 and job “layoffs and discharges” dropped 0.25% since September and dropping 17.86% below the level seen last year.

Add/view comments on this post.

------------------------------

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. To add or view a comment on a guest blog, please go to the blogger's own site by clicking on the link above.

You've read  of  free articles. Subscribe to continue.
QR Code to Job openings jump 14 percent in October
Read this article in
https://www.csmonitor.com/Business/Paper-Economy/2010/1207/Job-openings-jump-14-percent-in-October
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe