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 4 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

What to Know About Pam Bondi, Trump’s New Pick for Attorney General

DON'T MISS

North Korean Leader Says Past Diplomacy Only Confirmed US Hostility

DON'T MISS

Democrats Strike Deal to Get More Biden Judges Confirmed Before Congress Adjourns

DON'T MISS

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

DON'T MISS

Automakers to Trump: Please Require Us to Sell Electric Vehicles

DON'T MISS

President Biden Welcomes 2024 NBA Champion Boston Celtics to White House

DON'T MISS

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

DON'T MISS

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

DON'T MISS

Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July

DON'T MISS

Cutting in Line? American Airlines’ New Boarding Tech Might Stop You at Now Over 100 Airports

UP NEXT

Suicides in the US Military Increased in 2023, Continuing a Long-Term Trend

UP NEXT

New FDA Rules for TV Drug Ads: Simpler Language and No Distractions

UP NEXT

Trump to Target Iran’s Oil Trade in Renewed ‘Maximum Pressure’ Campaign

UP NEXT

Wave of Racist Texts After Election Prompts FBI Scrutiny

UP NEXT

Trump Promises to Bring Lasting Peace to a Tumultuous Middle East. But Fixing It Won’t Be Easy

UP NEXT

North Korea’s Long-Range Missile Test Signals Its Improved, Potential Capability to Attack US

UP NEXT

Tropical Storm Oscar Swirls Toward the Bahamas After Killing 6 People in Cuba

UP NEXT

Meteorologists Face Harassment and Death Threats Amid Hurricane Disinformation

UP NEXT

Houthis Vow Retaliation Against US for Yemen Airstrikes

UP NEXT

Hurricane Helene’s Death Toll Passes 150 as Crews Search for Survivors

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

7 hours ago

Automakers to Trump: Please Require Us to Sell Electric Vehicles

8 hours ago

President Biden Welcomes 2024 NBA Champion Boston Celtics to White House

8 hours ago

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

8 hours ago

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

9 hours ago

Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July

9 hours ago

Cutting in Line? American Airlines’ New Boarding Tech Might Stop You at Now Over 100 Airports

9 hours ago

MLB Will Test Robot Umpires at 13 Spring Training Ballparks Hosting 19 Teams

9 hours ago

Death Toll in Gaza From Israel-Hamas War Passes 44,000, Palestinian Officials Say

10 hours ago

Jussie Smollett’s Conviction in 2019 Attack on Himself Is Overturned

10 hours ago

What to Know About Pam Bondi, Trump’s New Pick for Attorney General

NEW YORK — Pam Bondi, the former Florida attorney general, was chosen Thursday by Donald Trump to serve as U.S. attorney general hours after...

6 hours ago

6 hours ago

What to Know About Pam Bondi, Trump’s New Pick for Attorney General

7 hours ago

North Korean Leader Says Past Diplomacy Only Confirmed US Hostility

7 hours ago

Democrats Strike Deal to Get More Biden Judges Confirmed Before Congress Adjourns

7 hours ago

Newsom Gaslights on Potential Gas Price Hikes in Fresno Visit

President Joe Biden with Mary Barra, the chief executive of General Motors, at the Detroit Auto Show, Sept. 14, 2022. President-elect Donald Trump has promised to erase the Biden administration’s tailpipe rules designed to get carmakers to produce electric vehicles, but most U.S. automakers want to keep them. (Doug Mills/The New York Times)
8 hours ago

Automakers to Trump: Please Require Us to Sell Electric Vehicles

8 hours ago

President Biden Welcomes 2024 NBA Champion Boston Celtics to White House

8 hours ago

Ohtani Makes History With 3rd MVP, Judge Claims 2nd AL Honor

Former Florida Attorney General Pam Bondi, speaks before Republican presidential nominee former President Donald Trump arrives to speak at a campaign rally at First Horizon Coliseum, Saturday, Nov. 2, 2024, in Greensboro, NC. (AP/Alex Brandon)
9 hours ago

Trump Chooses Pam Bondi for Attorney General Pick After Gaetz Withdraws

Help continue the work that gets you the news that matters most.

Search

Send this to a friend