US job openings rising in August as hiring falls
WASHINGTON - U.S. employers advertised the most job openings in nearly 14 years during August, yet their pace of hiring fell compared to July.
The Labor Department says that available jobs rose 230,000 to 4.84 million in August. Restaurants, hotels and health care providers drove much of the increase, which resulted in the most openings since January 2001.
But total hiring in August fell 294,000 to 4.64 million, driven by declines in construction and retail. This suggests a potential mismatch between the wages employers are willing to pay and the skills of the workers available to be hired.
The report, known as the Job Openings and Labor Turnover survey or JOLTS, provides a more detailed look at the job market than the monthly employment report.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Powerball hits $345M for Wednesday night's drawing; Check numbers here
Law enforcement keeps peace after bridge closure
Nearly a century old, LSU restoring historic Memorial Tower
In wake of bus driver firings, school system highlights automated safety system
Fans' Choice Award Winner 2018: Week 7- Aiden Vosburg