Business

US job openings decline in September though remain healthy

Posted November 05, 2019 6:00 am

By CHRISTOPHER RUGABER

WASHINGTON (AP) - U.S. employers advertised fewer open jobs in September compared with the previous month, but the number of open jobs remains high by historic standards.

The Labor Department said Tuesday that the number of available jobs fell to 7 million, from 7.3 million in August. Job openings peaked at 7.6 million in November and have slowly declined since.

Overall hiring increased in September while the number of Americans quitting their jobs fell. Quits are typically a good sign because most workers leave a job when they have found a new one, often for better pay.

Despite the decline in openings, the report suggests the job market broadly remains healthy. The number of unemployed workers has also fallen, leaving 1.2 open jobs, on average, for every unemployed person.

In this Monday, Nov. 4, 2019 photo a job posting is displayed near the entrance outside a restaurant in Orlando, Fla. On Tuesday, Nov. 5, the Labor Department reports on job openings and labor turnover for September. (AP Photo/John Raoux) The Associated Press

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