JOB OPENINGS RISE TO RECORD HIGH IN DECEMBER

Feb 25, 2019

The number of US job openings rose to a series high in December from November, according to data released by the US Bureau of Labor Statistics. The number of hires and separations were little changed.

There were 7.3 million job openings in December, up 2.4% from November; however, openings increased 29.4% on a year-over-year basis.

Job openings in December increased in a number of industries, led by increases of 88,000 in construction; 84,000 in accommodation and food services; and 79,000 in healthcare and social assistance. On the flip side, the number of job openings decreased by 37,000 in nondurable goods manufacturing, 32,000 in federal government; and 31,000 in real estate rental and leasing.

The job openings rate — a measure of job openings compared with total employment — was 4.7%, up from 3.7% in December 2017.

Source: Staffing Industry Analysis 

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