The number of job openings in the United States decreased to 10.8 million as of January, according to data released on Wednesday by the Bureau of Labor Statistics, even as the number of available positions continues to drastically exceed the number of unemployed workers.
The most recent reading marks a decline from 11.2 million open positions in December but surpassed analysts’ forecasts, meaning that the labor market remains strong amid persistent economic turmoil. There were, meanwhile, 5.7 million unemployed individuals as of January, according to more data from the Bureau of Labor Statistics, implying that there are nearly two open positions for every available worker.
“While the forthcoming February reading is not expected to be quite as robust, the job market has remained remarkably and surprisingly resilient,”
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