Job Openings in America Climbed in June to Highest Level Since 2001




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Job Openings in America Climbed in June to Highest Level Since 2001By Glinski

Job openings rose June to highest level more 13 years, firming up . labor market picture for second half of year.
number of unfilled positions climbed by 94,000 to 4.67 , most since February 2001, from a revised 4.58 , a report from the Labor Department showed today.
Today’ figures are among those on Federal Reserve Chair Janet Yellen’ labor-market “dashboard,” which she uses to help guide monetary . [eap_ad_2]Rising openings, fewer firings and an increase the number of quitting would signal the improvement is broadening, which could prompt central bankers to raise interest rates faster.
The figures are “just one more factor that input into the whole Fed calculus,” Kim Rupert, a Hillsborough, California-based economist for Action Economics LLC, said before the report. “It help build the case, but we’re still quite a ways off from Fed rate hikes.” (Bloomberg)[eap_ad_3]