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American employers posted nearly 7.6 million open jobs in January, one million more jobs than the U.S. has officially unemployed people.
That nearly matched the record high set in November and confirmed the very strong jobs numbers reported in January, when payrolls reportedly grew by 311,000.
Friday - Report - December - Openings - Report
Friday’s report also revised December upward, with 7.479 million openings compared to the initial report of 7.335 million.
Although trade disputes were predicted to weigh on employment, the data show no signs of tariff induced strain. Openings are up 21.7 percent compared with a year ago when the Trump administration began announcing tariffs. Openings began to outpace the unemployed last spring, for the first time in the 18 years the data has been tracked.
Labor - Department - Friday - Number - People
The Labor Department said Friday that hiring also rose and the number of people quitting their jobs picked up. Quits are a sign of a healthy economy, because people typically leave a job for another, usually higher-paying, one. “Take this job and shove it,” as...
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