US Job Openings Reach 10.9 Million, , Fifth Straight Record High.
The number of job openings
in the United States hit a record
high for the fifth straight month.
increasing by 749,000 to a
seasonally adjusted 10.934 million in July.
The Labor Department’s Job Opening
and Labor Turnover Survey also revised the number
of job openings in June by an increase of 112,000. .
The number of hires stayed
at 6.7 million for the month
as many employers continue
to struggle to find workers.
The fields experiencing decreases in
hiring include retail trade, durable goods
manufacturing and educational services.
Hiring increased in state and
local government education
and in the federal government.
The quit rate remained steady at 2.7%.
There have been 72.6 million hires and 65.6 million separations in the last 12 months, leading to
a net employment gain of 7 million