(Bloomberg) — Job openings in the United States rose to the highest level since 2001 as employers faced improving demand for their goods and services.
The number of positions waiting to be filled in the United States increased by 181,000 to 5.03 million in December from a revised 4.85 million the month before, the Labor Department reported Tuesday in Washington. The pace of hiring increased.
Employment has accelerated in the past year, helping drive confidence and fueling sales. Continued strength in hiring will probably help spur a pickup in wage growth, which has been slow to materialize throughout the recovery.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
