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U.S. Job Openings Soared to 6.2 Million in June

August, 09 2017
watermark Economic news

There are about 6.2 million jobs available in the U.S. as companies are searching for new employees. The number of job openings rose to 417,000 for private sector while there are 44,000 postings for government vacancies including state and local government as stated by the Job Openings and Labor Turnover Survey (JOLTS) from the Labor department. Since April 2015,  the jobs data has started to rise during the recession as it moves over the years.


Although, the job vacancies varies for every industry. In particular, those job opening includes education and health-services related industry, and professional and business services which have significantly increased in openings compared before the recession.


The report implies the stagnant hiring situation despite a surge in job openings. This has been happening for years and has risen fastly while the actual hiring has been flat since 2014.  


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.