Job openings rise to highest level in 16 months

[sabra]

Source: msnbc

Private employers account for the entire gain as census bump is ending

WASHINGTON - Job openings jumped in April to the highest level in 16 months, a sign that private employers may boost hiring in coming months.

The number of jobs advertised at the end of April rose to 3.1 million from 2.8 million in March, the Labor Department said Tuesday. That's the most openings since December 2008.

Private employers accounted for the entire net gain. The government's advertising for jobs decreased, despite the hiring of hundreds of thousands of census workers in May.

The department's report, known as the Job Openings and Labor Turnover survey, or JOLTS, follows a disappointing employment report Friday that found private employers added only 41,000 jobs in May. Temporary census hiring accounted for 411,000 jobs. The unemployment rate fell to 9.7 percent from 9.9 percent in April.

The rise in job openings "makes you a little more upbeat about the labor market," said Michael Feroli, chief U.S. economist at JPMorgan Chase.

Read more: http://www.msnbc.msn.com/id/37571735/ns/business-eye_on_the_economy/

[Cant trust em]

1. Wait. This post has been up for 10 whole minutes and it hasn't been shit on by the naysayers?

Something must be wrong.

[AllentownJake]

2. Have never heard of this report before seeing this

I'll have to look at it.

If it is from the BLS, my nonsense meter always tingles.

[nichomachus]

3. Well, here's one. How much do they pay and do they have benefits

The issue isn't just jobs -- it's the quality of the jobs. If you lose a job at $75K with benefits and get another one at $20K with no benefits, it's not a wash.

The term "job" is meaningless unless you also mention the type of job, how much it pays, and whether there are any benefits.

[Cant trust em]

4. More than an hour...not too shabby. nt

[Name removed]

5. Deleted message

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[Name removed]

6. Deleted message

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[Hosnon]

11. You can't be serious. nt.

[treestar]

13. No, the naysayers are compensated

By Karl Rove.

What a stupid accusation.

It can go both ways anyway and so is useless.

[Cant trust em]

7. A lot of it is just perspective.

I'm just pissy and negative today.

[Iowa]

9. +1

[scubadude]

8. How true.

Hey, look on the bright side, if it's a service job, you might make tips... :sarcasm:

Scuba

[Demeter]

10. Twice Nothing Is Still.....Nothing

[SILVER__FOX52]

12. Well then start hiring ............

Assholes. This is a joke.

[ZombieHorde]

14. Recommended. nt

[calico1]

15. I had a good interview today.

Keep your fingers crossed.

:)