Number of job openings increased to 3.5 million in February

[jpak]

Source: Portland Press Herald

WASHINGTON — Employers posted slightly more job openings in February, suggesting that modest hiring gains will continue in coming months.

The Labor Department said Tuesday that employers advertised 3.5 million job openings in February. That's up from a revised 3.48 million in January but still below the three-year high of 3.54 million in December.

The fact that job openings remained steady in February suggests that the disappointing March jobs report issued last week could be a temporary bump. It usually takes one to three months for employers to fill openings.

Employers added 120,000 jobs in March — half the average from the previous three months. The unemployment rate fell from 8.3 percent to 8.2 percent in March, though that was mostly because people gave up looking for work. People who are out of work but not looking for jobs aren't counted among the unemployed.

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Read more: http://www.pressherald.com/news/Employers-posted-more-job-openings-in-February.html

[FogerRox]

1. Construction hired in Feb instead of March

because of the warm weather, borrowing from march to hire in Feb.

And the GDP cant support more than about 120k new jobs a month, look for 120k per month average thru Sept.

[jtuck004]

2. It should be pointed out that there are between 15 and 20 million people

who say they are looking for work, or enough more that they can live.

That is woefully short.