US job openings up but still below pre-recession levels
Mon, 2 Jun 2014
US job openings and labour turnover grew in 2013 reflecting an improved economy, according to the US Department of Labor.
However, neither measurements reached pre-recession levels.
Data show that the average monthly number of job openings – a measure of labour demand – increased from 3.7m in 2012 to 3.9m in 2013, which was still below the monthly average of 4.5m in 2007.
Hires and separations – measures of worker flows – grew more slowly. From 2012 to 2013, the average monthly number of hires increased from 4.4m to 4.5m. The average monthly number of total separations rose from 4.2m in 2012 to 4.3m in 2013.