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WDKX.com » Blog » U.S. Job Openings Slip In April; Hiring Rises
Jun 12th 2013 6:12 am
U.S. Job Openings Slip In April; Hiring Rises

Washington (AP) - U.S. employers advertised fewer jobs in April, but overall hiring rose and the number of people quitting their jobs increased.

The Labor Department said job openings fell 3 percent to a seasonally adjusted 3.75 million.

Total hiring jumped nearly 5 percent to 4.4 million. The number of people quitting their jobs increased 7.2 percent to 2.25 million.

More hiring and quits are a sign of a dynamic job market. Most workers quit jobs when they have a new position or are confident they can find one. More quits are therefore a good sign.

The job market is very competitive for those looking for work. There were 3.1 unemployed workers, on average, for each open job in April. In a healthy economy, the ratio is 2-to-1.

Source:Wham13