US employers advertise more jobs in October

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, December 11, 2012 10:50 am

WASHINGTON (AP) -- U.S. employers advertised more job in October than September, a hopeful sign that hiring could pick up in the coming months.

The Labor Department says job openings rose by 128,000 to 3.68 million. That's the most since June.

Even with the increase, the number of available jobs is still below the roughly 4 million that were advertised each month before the recession began in December 2007.

And the job market remains very competitive. With nearly 12.3 million people unemployed in October, there were 3.3 unemployed people, on average, competing for each open job. In a healthy economy, that ratio is roughly 2 to 1.

Companies kept creating jobs in November at a modest pace. Employers added 146,000 net jobs last month, the government said Friday in a separate report.

© 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.

Rules of Conduct

  • 1 Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
  • 2 Don't Threaten or Abuse. Threats of harming another person will not be tolerated. AND PLEASE TURN OFF CAPS LOCK.
  • 3 Be Truthful. Don't knowingly lie about anyone or anything.
  • 4 Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
  • 5 Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
  • 6 Share with Us. We'd love to hear eyewitness accounts, the history behind an article.

Welcome to the discussion.

Right Now

weather

Today

weather
78°
Details

Tomorrow

weather
78°
Details

Today

weather
77°
Details

Today

weather
75°
Details

SUBMIT PHOTOS & VIDEOS | VIEW ALL PHOTOS & VIDEOS

Send your photos & videos to Pix@MySuncoast.com and you could be featured on ABC 7 & our website.