U.S. employers advertised more jobs in September than at any other point in the past three years. The increase suggests hiring could pick up in the next few months.
Competition for jobs is fierce. And many employers aren’t rushing to fill some because they are worried about the strength of the economy.
Still, most economists say the increase in openings is a reassuring sign.
Nearly 3.4 million jobs were posted in September, the Labor Department said Tuesday. That’s the most since August 2008, one month before the financial crisis intensified.
“Business confidence appears intact,” said Alan Levenson, an economist at T. Rowe Price, “confirming … that job growth is going to continue.”
Job openings have rebounded from a decade low of 2.1 million in July 2009.
via U.S. Employers Post Most Job Openings In 3 Years : NPR.