U.S. Job Openings Rise, Outnumber the Unemployed by One Million
According to journalist, C. Rugaber, of Associated Press, U.S. Companies posted nearly 7.6 million open jobs in January, signaling the continued need of employers to hire workers despite evidence that the economy has slowed. The Dept. of Labor reported one million more open jobs than unemployed workers. Nearly 3.5 million people quit their jobs in January, a 2.9% increase from the month before. The good news for employees is that the strong job market is pushing up wages more quickly, with hourly wages rising in February at the fastest pace in nine years. Pay increases are in order for employers to retain their workers-that’s the bottom line. 
