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Posted On: 02/13/2019 11:25:04 AM
Post# of 65629
“Job Openings Hit Record High of 7.3 Million in December”
“The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength.”
February 12, 2019
The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength.
The private sector drove the new record, with private entities accounting for 6.7 million job vacancies — also a record high. The construction industry recorded 382,000 new posts, far more than ever before.
In the past three months, the economy has added an average of 241,000 net new jobs a month, more than twice as much as needed to keep up with population growth and keep unemployment trending down.
As a result, more of the population is working. For prime-age workers, meaning those between ages 25 and 54, the total employment rate rose to 79.9 percent in January, the highest such rate since the financial crisis hit.
…https://www.whitehouse.gov/briefings-statements/washington-examiner-job-openings-hit-record-high-7-3-million-december/?utm_source=ods&utm_medium=email&utm_campaign=wwr
“The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength.”
February 12, 2019
The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength.
The private sector drove the new record, with private entities accounting for 6.7 million job vacancies — also a record high. The construction industry recorded 382,000 new posts, far more than ever before.
In the past three months, the economy has added an average of 241,000 net new jobs a month, more than twice as much as needed to keep up with population growth and keep unemployment trending down.
As a result, more of the population is working. For prime-age workers, meaning those between ages 25 and 54, the total employment rate rose to 79.9 percent in January, the highest such rate since the financial crisis hit.
…https://www.whitehouse.gov/briefings-statements/washington-examiner-job-openings-hit-record-high-7-3-million-december/?utm_source=ods&utm_medium=email&utm_campaign=wwr
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