Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

U.S. Job Openings Rise Amid Hiring in Government, Real Estate

Published 03/15/2019, 10:11 AM
Updated 03/15/2019, 10:45 AM
© Bloomberg. A job seeker arrives for a career fair in the Brooklyn borough of New York.

(Bloomberg) -- U.S. job openings rose in January as the employers in wholesale trade, real estate and government sought workers in a tight labor market.

The number of positions waiting to be filled increased by 102,000 to 7.58 million, from an upwardly revised 7.48 million in the prior month, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, released Friday. The quits rate was unchanged at 2.3 percent.

Key Insights

  • The rising number of job openings add to evidence that employers are having difficulties in finding suitable workers. The February payrolls figures pointed to the likelihood of a moderation in job gains this year as economic growth slows amid an uptick in wage gains.
  • The quits rate held steady as 5.55 million Americans left their jobs. Federal Reserve policy makers watch the rate for signs of upward pressure on worker pay that may feed into inflation.

© Bloomberg. A job seeker arrives for a career fair in the Brooklyn borough of New York.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.