US companies hire at fastest pace in 7 years
Source: AP-EXCITE
By CHRISTOPHER S. RUGABER
WASHINGTON (AP) U.S. companies ramped up hiring in September, and more Americans were confident enough to quit their jobs two signs of a steadily improving economy. The number of available jobs declined but remained at a healthy level.
More than 5 million people were hired in September, the most since December 2007 when the recession began, the Labor Department said Thursday. And the number of people who quit their jobs jumped to 2.75 million from 2.5 million. That's the most in more than six years.
More quitting and hiring means that the job market is becoming more dynamic, which creates additional opportunities for the unemployed. Greater quitting is a good sign for several reasons: People are more likely to leave jobs when they have a new position lined up, usually one that is higher-paying. Workers also quit when they are more confident they can find a new job. And quits open more positions that can be filled by those out of work, or by people seeking higher pay.
"If this pickup is sustained it will add to the evidence that wage acceleration is likely in 2015," said Jeremy Schwartz, an economist at Credit Suisse.
FULL story at link.
In this photo taken Wednesday, Oct. 22, 2014, job seekers fill out a job applications at a job fair in Miami Lakes, Fla. The Labor Department releases job openings and labor turnover survey for September on Thursday, Nov. 13, 2014. (AP Photo/Alan Diaz)
Read more: http://apnews.excite.com/article/20141113/us--job_openings-4844bdff8b.html
Ink Man
(171 posts)but can't find people who can pass a simple drug test.
ReRe
(10,597 posts)I did not see that fact in the article. Just a snarky remark or what? Of course, it wouldn't surprise me if partially true. People have had a f-ing hard time in the past 14 yrs, what with 9/11, war, jobs disappearing and high unemployment rates, people loosing the homes they worked for all their lives, and the crash. I can understand if someone would be so beaten down that they turned to drugs & alcohol to try and cope. There, but for the grace of God, go us, huh? .
about the company I work for.
WhiteTara
(29,705 posts)Welcome to DU, btw!
PeteSelman
(1,508 posts)Any stoner worth his salt knows how to beat those idiotic invasions of their privacy.
The "bad" drugs leave your system fast enough that you almost have to be on them at the time of the test to fail.
ReRe
(10,597 posts)... since the The Corporate "Republican" Party won big in the elections. It will be interesting to see in which states the jobs are popping up in.
SoapBox
(18,791 posts)BENGHAZI!
Hassin Bin Sober
(26,326 posts)What are those? Part time just a smidge over minimum wage?
MADem
(135,425 posts)Thanks a LOT, Obama....!!!!!