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Tue Jun 19, 2012, 05:13 PM

US employers post fewest job openings in 5 months

This discussion thread was locked as off-topic by OKNancy (a host of the Latest Breaking News forum).

Source: AP-Excite

CHRISTOPHER S. RUGABER

WASHINGTON (AP) - Employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead.

The Labor Department said Tuesday that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. The March figure was the highest in nearly four years.

The decline could mean employers are growing more cautious about adding workers in the face of financial turmoil in Europe and slower growth in the United States. Job openings can take one to three months to fill.

There were 12.5 million unemployed people in April. That means there was an average of 3.7 people competing for each open job. In a healthy job market, the ratio is usually around 2 to 1.

FULL story at link.


Read more: http://apnews.excite.com/article/20120619/D9VGBCJ00.html




In this April 10, 2012, file photo, people wait in a line at a job fair in Gresham, Ore. The state releases its latest jobless figures, Tuesday, April 17, 2012.. Employers in April posted the fewest job openings in five months, suggesting hiring will remain sluggish in the months ahead. The Labor Department said Tuesday, June 19, 2012 that job openings fell to a seasonally adjusted 3.4 million in April, down from 3.7 million in March. (AP Photo/Rick Bowmer, file)

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Reply US employers post fewest job openings in 5 months (Original post)
Omaha Steve Jun 2012 OP
OKNancy Jun 2012 #1

Response to Omaha Steve (Original post)

Tue Jun 19, 2012, 05:21 PM

1. Sorry, this is a duplicate of

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