Please ensure Javascript is enabled for purposes of website accessibility
US Job Openings in February Reached Highest Rate on Record
gvw_ap_news
By Associated Press
Published 3 years ago on
April 6, 2021

Share

WASHINGTON — The pace of job openings reached the highest level on record in February, a harbinger of healthy hiring and a hopeful sign for those looking for work.

The job openings rate — which is the number of available jobs as a percentage of the employed and the open jobs, combined — rose to 4.9%, the highest since the data was first tracked in December 2000, the Labor Department said Tuesday.

The increase reflects a solid rise in open jobs to 7.4 million, up from 7.1 million in January and significantly above the pre-pandemic level of about 7 million. Total hires rose to 5.7 million, though that is below the figure in February 2020, just before the coronavirus intensified.

The data come from the Job Openings and Labor Turnover survey, or JOLTS, which reports the number of job listings, total hiring, and layoffs and quits. The hiring figures represent a gross figure, while the monthly jobs report provides a net number of jobs gained or lost.

Almost 1 Million New Jobs Added in the Last Month

Last Friday, the government said a net 916,000 jobs were added, the most since August, and the unemployment rate fell to 6%, from 6.2%.

Still, the job market is far from healed. Including those who have lost jobs and stopped looking for work, as well as misclassification of some unemployed, the unemployment rate would be roughly 9%.

And there are still 9.7 million people counted as unemployed, or about 1.3 people out of work for each job opening.

But the jump in available jobs suggests hiring may continue at the robust levels seen in March. The Labor Department reported Friday that America’s employers unleashed a burst of hiring last month, adding 916,000 jobs.

The biggest gain, according to the JOLTS report Tuesday, was in health care, which posted 230,000 more job openings than the previous month. The beleaguered leisure and hospitality sector, which includes restaurants, hotels, bars, amusement parks and casinos, also posted a healthy increase of 160,000 job openings.

RELATED TOPICS:

DON'T MISS

Crescent View West High Celebrates New Clovis Home

DON'T MISS

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

DON'T MISS

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

DON'T MISS

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

DON'T MISS

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

DON'T MISS

The Many Names of GOP Vice Presidential Nominee JD Vance

DON'T MISS

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

DON'T MISS

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

DON'T MISS

Companies Cut Prices to Boost Sales, Consumers Respond

DON'T MISS

Stay Cool, Fresno!

UP NEXT

Uvalde, Texas, School Officer Pleads Not Guilty to Charges of Failing to Protect Kids During Attack

UP NEXT

Harris Tells Netanyahu ‘It Is Time’ to Get Hostage Deal Done and End Gaza War

UP NEXT

Biden and Netanyahu Meet With a Show of Amiable Relations Despite Tensions

UP NEXT

FACT FOCUS: A Look at Netanyahu’s Claims About Israel, Hamas and Iran During His Speech to Congress

UP NEXT

Netanyahu Defends War in Gaza and Denounces Protesters In Fiery Speech to Congress

UP NEXT

Seven Major US Labor Unions Urge Biden to Halt Military Aid to Israel

UP NEXT

NATO Strengthens Defense Against Russia with 500K Troops Ready to Deploy

UP NEXT

Ten Commandments Won’t Go in Louisiana Classrooms Until at Least November as Lawsuit Plays Out

UP NEXT

US Army Honors Nisei Combat Unit That Helped Liberate Tuscany From Nazi-Fascist Forces in WWII

UP NEXT

US Journalist Masha Gessen Is Convicted in Absentia in Russia for Criticizing the Military

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

4 hours ago

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

5 hours ago

The Many Names of GOP Vice Presidential Nominee JD Vance

5 hours ago

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

6 hours ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

6 hours ago

Companies Cut Prices to Boost Sales, Consumers Respond

6 hours ago

Stay Cool, Fresno!

7 hours ago

Warner Bros. Discovery Sues NBA for Not Accepting Its Matching Offer

7 hours ago

Tanker Plane Crash Kills Firefighting Pilot in Oregon as Western Wildfires Spread

7 hours ago

Will Bonta Election Lawsuit Reverse the Will of Fresno County Voters?

7 hours ago

Crescent View West High Celebrates New Clovis Home

The arch of colorful balloons over the doorway of a storefront on Shaw Avenue in Clovis was a clue that something exciting was happening on ...

3 hours ago

3 hours ago

Crescent View West High Celebrates New Clovis Home

4 hours ago

Fresno Man Sentenced to 29 Years for Sexually Assaulting Children and Dog

4 hours ago

Bulldogs’ Two-Position Standout Tommy Hopfe Signs With Rockies

4 hours ago

Artists, Vendors Plan to Defy City’s ArtHop Crackdown

5 hours ago

Former Bulldog QB Jake Haener: I Have a ‘Rare Form of Skin Cancer’

5 hours ago

The Many Names of GOP Vice Presidential Nominee JD Vance

6 hours ago

‘Fed Up’ Dyer, Councilmembers Unveil Plan to Crack Down on Street Campers

6 hours ago

House Republicans Slam Trump’s ‘Worst Choice’ for VP Pick JD Vance

MENU

CONNECT WITH US

Search

Send this to a friend