Tags: job openings | JOLTS | uenm

Job Openings Climb to Second-Highest Level on Record

Tuesday, 09 February 2016 10:43 AM EST

Job openings in the U.S. climbed in December to the second-highest level on record, a sign demand for labor is steady.

The number of positions waiting to be filled rose by 261,000 to 5.61 million from a revised 5.35 million in November, the Labor Department reported Tuesday in Washington. The reading was just behind the 5.67 million reached in July that was the highest since data began in 2000. Construction companies and manufacturers were among employers looking to boost staff.

The labor market remains a bright spot for the economy, a sign businesses may be looking past soft global growth in anticipation of a pickup in demand in the months ahead. Continued hiring will be needed to help solidify an acceleration in wages — which have been stagnant for much of the recovery — and provide a lift to consumer spending.

Despite softness in other parts of the growth picture, “the job market is still hanging in there,” Ryan Sweet, a senior economist at Moody’s Analytics Inc. in West Chester, Pennsylvania, said before the report. “That’s a very encouraging sign for the broader economy.”

 

© Copyright 2025 Bloomberg News. All rights reserved.


Economy
Job openings in the U.S. climbed in December to the second-highest level on record, a sign demand for labor is steady.
job openings, JOLTS, uenm
182
2016-43-09
Tuesday, 09 February 2016 10:43 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved