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Job openings surge to record 8.1M

by capitalizefinancial
May 12, 2021
in Sports
0
Job openings surge to record 8.1M

U.S. job openings climbed to a record high in March, highlighting the growing demand for workers as more Americans are vaccinated and states reopen their economies.

The number of available positions increased to 8.12 million during the month, the highest in data that dates back to 2000, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS. It marked an increase from the upwardly revised 7.53 million open jobs in February.

“The increase puts job openings 16% over pre-crisis levels and points to surging labor demand as the economy reopens,” said Daniel Zhao, a senior economist at Glassdoor.

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