×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: US | Job | Openings

Companies Posted Fewer Job Openings in August

Wednesday, 12 October 2011 11:04 AM

Employers advertised fewer jobs in August than the previous month, a sign some may have pulled back on hiring plans in the face of wild stock market swings and renewed recession fears.

The Labor Department says companies and governments posted 3.1 million job openings in August, down from 3.2 million in the previous month. July's openings were the highest in nearly three years.

There's heavy competition for each job. Nearly 14 million people were out of work in August, which means an average of 4.6 unemployed workers competed for each opening. That's worse than July, when the ratio was 4.3.

August was a weak month for hiring. Employers added only 57,000 net jobs that month, about half the total added in July.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Economy
Employers advertised fewer jobs in August than the previous month, a sign some may have pulled back on hiring plans in the face of wild stock market swings and renewed recession fears.The Labor Department says companies and governments posted 3.1 million job openings in...
US,Job,Openings
122
2011-04-12
Wednesday, 12 October 2011 11:04 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved