The Labor Department reports this morning that job openings rose to a seasonally adjusted 3.8 million in June, up from 3.7 million in May. That’s the largest number of opening gains since May 2008, a positive sign that hiring increases may also follow in the coming months. Layoffs also fell in June. Today’s data comes on the heels of a report Friday that said employers in July added the most jobs in five months. An increase in openings could signal better hiring in the coming months. It typically takes one to three months to fill a job. Even with the increase, hiring is competitive. There were 12.7 million unemployed people in June, or an average of 3.4 unemployed people for each job. In a healthy job market, the ratio is usually around 2 to 1.
American employers post most job openings in June since 2008
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