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Job
openings, a measure of labor demand, rose 150,000 to 10.9
million on the last day of December, not too far from an
all-time high of 11.098 million reached in July, the Labor
Department said on Tuesday in its monthly Job Openings and Labor
Turnover Survey, or JOLTS report. Economists polled by Reuters
had forecast 10.3 million vacancies.
The nearly broad rise was led by accommodation and food
services, which reported an additional 133,000 job openings.
There were also notable increases in vacancies in information,
nondurable goods manufacturing as well as state and local
government education.
But job openings decreased in finance and insurance, and
wholesale trade.
The job openings rate was unchanged at 6.8%. Hiring fell 333,000
to 6.3 million. The decline was most pronounced in professional
and business services, where hiring fell by 159,000 jobs. The
hiring rate was little changed at 4.2%.
The government reported last month that nonfarm payrolls
increased by 199,000 jobs in December, the fewest in a year.
The JOLTS report also showed the number of people voluntarily
quitting their jobs decreased by 161,000 to a still-high 4.3
million in December. Fewer workers quit in healthcare and social
assistance, accommodation and food services industries as well
as construction.
But there were more resignations in the nondurable goods
manufacturing industry. The quits rate was little changed at
2.9%. The number of quits decreased in the South.
(Reporting by Lucia Mutikani; Editing by Andrea Ricci)
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