WASHINGTON (AP) — The number of available U.S. jobs rose in October to the second-highest level in 14 years, and companies kept hiring at a healthy pace, adding to evidence of an improving economy.
Job openings increased 3.2 percent to 4.83 million, just below August’s total, which was the highest on records dating back to 2000. Total hiring slipped 0.4 percent to 5.1 million, after reaching a seven-year high in September. The number of people quitting was mostly unchanged at a six-year high of 2.7 million.
The overall figures paint a picture of a more dynamic job market, with businesses filling more open jobs and more Americans quitting, typically for better-paying opportunities. More quits and more job postings provide more opportunities for the unemployed to find work.