WASHINGTON EXAMINER: “JOB OPENINGS HIT RECORD HIGH OF 7.3 MILLION IN DECEMBER”

Office of the Press Secretary FOR IMMEDIATE RELEASE February 12, 2019

WASHINGTON EXAMINER: “JOB OPENINGS HIT RECORD HIGH OF 7.3 MILLION IN DECEMBER”   “The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength.” Job openings hit record high of 7.3 million in December By Joseph Lawler Washington Examiner February 12, 2019 The number of job openings hit a record high of 7.3 million in December, the Bureau of Labor Statistics reported Tuesday in a sign of the labor market’s strength. … The private sector drove the new record, with private entities accounting for 6.7 million job vacancies — also a record high. The construction industry recorded 382,000 new posts, far more than ever before. … In the past three months, the economy has added an average of 241,000 net new jobs a month, more than twice as much as needed to keep up with population growth and keep unemployment trending down. As a result, more of the population is working. For prime-age workers, meaning those between ages 25 and 54, the total employment rate rose to 79.9 percent in January, the highest such rate since the financial crisis hit. … Read the full article here.