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14.05.2009 Number of job openings at new low

On the last business day of March, job openings in the U.S. numbered 2.7 million — the lowest job openings level since the BLS began measuring job openings over 8 years ago.

The number of job openings has trended downward since mid-2007, and, at 2.7 million in March, the number of monthly job openings was down 2.1 million (or 44 percent) since the most recent high point in June 2007.

The decline in job openings was due to a significant decline in retail trade, and small declines in nearly every other industry.

Source: U.S. Bureau of Labor Statistics

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