U.S. Job Openings Hit All-Time High as Layoffs Drop to 3-Year Low

[ScienceRocks]

U.S. Job Openings Hit All-Time High as Layoffs Drop to 3-Year Low

Source: US New & World Report

The number of vacant positions in the U.S. labor market climbed to an all-time high in July, according to a report published Wednesday by the Bureau of Labor Statistics.

American employers were looking to fill nearly 5.9 million open jobs that month – a notable gain from June's 5.6 million vacancies. The month of July over the last few years has shaped up to be a strong one for openings, as July 2015's tally of 5.79 million vacancies held the previous record.

Openings were spread widely across sectors, with typically well-paying professional and business services employers and health care outfits looking to recruit 1.27 million and 962,000 new workers, respectively. Retail trade and leisure and hospitality companies, meanwhile, were looking to fill 627,000 and 763,000 positions, respectively.

Read more: U.S. Job Openings Hit All-Time High as Layoffs Drop to 3-Year Low


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