News Column

U.S. Job Openings Hit 7-Year High in May

July 8, 2014

Christopher S. Rugaber, AP Economics Writer

Waiting for job interview (file photo)
Waiting for job interview (file photo)

WASHINGTON (AP) U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.

More Americans also quit their jobs, a good sign because it usually occurs when workers find new and higher-paying jobs. It also opens up more positions for those out of work.

The Labor Department says that employers posted 4.64 million jobs, a 3.8 percent increase from April's total of 4.46 million. That's the fourth straight strong gain and is the highest number since June 2007.

Hiring slipped in May, to 4.72 million from 4.77 million in the previous month. Still, it has risen 4.5 percent since January after being flat in the previous six months.

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Original headline: US companies post most jobs in 7 years in May


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Source: Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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