Labor Department Says Employers Advertised More Jobs, But Hiring Remained Flat
Friday, November 13th, 2015 -- 8:17 AM
(AP) -The Labor Department says employers advertised more job openings in September but hiring was essentially unchanged.Job openings rose 2.8 percent to 5.53 million in September, up from 5.38 million in August. Hiring dipped to 5.05 million from 5.08 million the prior month. The number of people quitting jobs -- a measure of confidence in the job market -- was essentially unchanged from September at 2.72 million. Quits have been flat for the past year after rising steadily in the aftermath of the 2007-2009 Great Recession.
The job market rebounded sharply in October after weak hiring in the previous two months. Employers added 271,000 jobs last month as the unemployment rate fell to 5 percent. The gains partially reflected hiring delays in August and September because of global economic pressures.
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