U.S. Job Openings Rose in November

Washington, Rabi’II 2, 1437, Jan 12, 2016, SPA — U.S. employers advertised slightly more jobs in November, the government said Tuesday, as overall hiring increased and more Americans quit their jobs in signs of a healthier environment for workers.
The Labor Department reported that the number of job postings rose 1.5 percent to a seasonally adjusted 5.4 million. The figure has dropped after peaking at a record 5.7 million in July, but stands 11 percent higher than a year ago.
The annual increase shows that employers remain confident despite the financial turmoil in China, lower oil prices, and a European economy tenuously emerging from its recent struggles. Only Manufacturers have pulled back on job openings over the past 12 months, a reflection of the stronger dollar and weak international growth hurting sales abroad.
Overall hiring picked up 3.4 percent to 5.2 million from a year ago. The number of people quitting their jobs, a sign of confidence that people can find better-paying work, rose 6.3 percent over the past year to 2.83 million.

–SPA
20:23 LOCAL TIME 17:23 GMT