Postings of US job openings hit a record high in July
WASHINGTON — Job openings posted by U.S. employers reached an all-time high in July, suggesting that the steady hiring of the past year will endure.
Openings edged up 0.9 per cent from June to 6.2 million, the highest on records dating to 2000, the Labor Department said Tuesday. Hiring also increased. But the record number of openings makes clear that employers have many jobs to fill but are still searching for qualified workers at the pay levels being offered.
The number of people who quit their jobs also rose, a trend that generally means workers are leaving for jobs that pay better.
Sarah House, an economist at Wells Fargo, said that “hiring intentions remained strong” but that upcoming economic reports will likely reflect the negative effects of Harvey and Irma on the job market.