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US job openings slip in April; hiring rises

/ 11:21 PM June 11, 2013

Job seekers meet with employers at a job fair in Sunrise, Florida in this photo taken in January this year. AP Photo

WASHINGTON — U.S. employers advertised fewer jobs in April, but overall hiring rose and the number of people quitting their jobs increased.

The Labor Department says job openings fell 3 percent to a seasonally adjusted 3.75 million.

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Total hiring jumped nearly 5 percent to 4.4 million. And the number of people quitting their jobs increased 7.2 percent to 2.25 million.

More hiring and quits are a sign of a dynamic job market. Most workers quit jobs when they have a new position or are confident they can find one. More quits are therefore a good sign.

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The job market is very competitive for those looking for work. There were 3.1 unemployed workers, on average, for each open job in April. In a healthy economy, the ratio is 2 to 1.

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TAGS: Employment, Job Market, Labor Department, overall hiring, US job openings
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