U.S. | Hiring at highest level in more than 3 years

There were 3.5 million job openings on the last business day of February, little changed from January, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent) and separations rate (3.1percent) were little changed in February. The job openings rate, at 2.6 percent, has trended upward since the end of the recession in June 2009. (Recession dates are determined by the National Bureau of
Economic Research.) This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by geographic region.

Job Openings 

The number of job openings in February was 3.5 million, little changed from January.
Although the number of job openings remained below the 4.3 million openings when the recession began in December 2007, the number of job openings has increased 46 percent since the end of the recession in June 2009.

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U.S. hiring at highest level in more than 3 years

Job openings in the U.S. increased in February and hiring climbed to the highest level in more than three years, signaling employers are optimistic about the economic outlook.

The number of positions waiting to be filled totaled 3.5 million in February, up from a revised 3.48 million the prior month that was higher than previously estimated, the Labor Department said Tuesday in a statement posted on its website. More people were taken onto private payrolls than at any time since October 2008, while the pace of firings changed little, the report showed.

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