US job openings increase slightly in September
|
Posted By: Reginald Culpepper on November 08, 2016 U.S. employers posted slightly more job openings in September, a likely sign that the steady job gains of recent months could continue. The Labor Department said that job openings edged up to 5.49 million in September, a modest increase from 5.45 million openings in August. Openings had plunged to an eight-month low in August. The data affirms recent evidence that hiring has been more tempered after setting a robust pace of the prior two years. Still, the economy is generating enough jobs to reduce unemployment and boost incomes. And most economists have expected monthly job growth to slow as the number of unemployed has decreased. Openings increased in September in construction, manufacturing and financial activities, among other sectors. But openings slipped at restaurants and in the logistics sector. Hires dipped to 5.08 million in September, a 3.5 percent increase. But workers seem hopeful enough about finding work that more of them are quitting. The number of people who quit their jobs increased between August and September to nearly 3.1 million. But over the past year, the number of people quitting their job has climbed 11.7 percent. Quitting is often an indicator that Americans are confident about the job market and their chances of finding better-paying work. This is why many economists view an increase in quits as helping to push up wages. The figures come after last Friday's jobs report, which showed that employers added 161,000 jobs in October. The unemployment rate ticked down to 4.9 percent. Average hourly earnings have climbed 2.8 percent over the past 12 months, the biggest gain in seven years. The report released Tuesday, known as the Job Openings and Labor Turnover survey, or JOLTS, offers a fuller view of the job market than the Friday employment numbers. By JOSH BOAK, AP Economics Writer courtesy of US News and World Report http://www.usnews.com/news/business/articl... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
 |
Reginald Culpepper
President, Fulfillment and Web Services, HBCUCONNECT Clark Atlanta University class of 1998 Member Since September 2000 |
Comments
More From This Author
| Alpha Kappa Alpha Sorority, Incorporated Hosts 94th South Central Regional Conference in Shreveport, Louisiana |
| Register Now For This Upcoming Diagnostic Imaging Virtual Info Session and Q&A with Providence on April 16th |
Latest News
 |
Promote the Vote Fund: Ensuring Every Voice Is Heard in Michigan 28 April 2026
Promote the Vote Fund, a Ford grantee, is a coalition of partner organizations leading these efforts. The organization works across the ideological spectrum to support voting rights for Michiganders ...more
Hija Chang • 112 Views • May 3rd, 2026 |
 |
Temple to open medical campus in Atlantic CityBoth Temple and the Katz School of Medicine are guided by the belief that education and healthcare open doors and transform communities, and that is exactly what we have accomplished in Pennsylvania,” ...more
Hija Chang • 120 Views • May 3rd, 2026 |
 |
Apartheid’s legacy and the rise of xenophobia in South Africa todayPhoto: An image showing a South African township street with closed small shops owned by African migrants, police presence in the background, and community members walking past with tense expressions. ...more
Joel Savage • 349 Views • April 30th, 2026 |
 |
James Artissen, Big Gipp & DJ Burn One - Just Another DayAcclaimed Grammy-Nominated singer-songwriter James Artissen teams up with Southern hip-hop rapper Big Gipp, and respected producer DJ Burn One for their latest release, “Just Another Day.” The record ...more
Lenell Johnson • 217 Views • April 28th, 2026 |
 |
PROPEL Center Launches Future of Tech Innovation Challenge to Spotlight HBCU Talent & Shape the Next Generation of AI LeadersPROPEL Center, the global HBCU technology and innovation hub committed to strengthening the future Black talent pipeline, announced the launch of the Future of Tech Innovation Challenge, a national co ...more
Crystal Willis • 275 Views • April 27th, 2026 |
Popular News
 |
North Carolina HBCU Unity DayShaw University - Elizabeth City State University - Johnson C. Smith University - Fayetteville State University - Livingstone College - North Carolina A&T State University - North Carolina Central Uni ...more
Reginald Culpepper • 108,269 Views • August 8th, 2016 |
