The number of people being hired for jobs and the number of people voluntarily quitting their jobs each climbed to the highest level in more than six years, according to a Labor Department report released this morning.
Over 5 million people were hired in September, according to the Labor Department’s monthly Job Openings and Labor Turnover Survey, known as JOLTS. That’s the first time hiring crossed the 5 million threshold since December 2007, the month that the recession officially started. Last month, 2.8 million people quit a job, the most since April 2008.
The number of people laid off from jobs remained near record lows in September, with about 1.6 million laid off, according to the report.
Post a Comment