The Job Openings and Labor Turnover Survey (JOLTS) released today by the Bureau of Labor Statistics showed job openings falling by 118,000 in April to 3.8 million. Job openings have improved very little over the last year and remain very depressed. In 2007, there were 4.5 million job openings each month, so April’s level of 3.8 million is more than 16 percent below its prerecession level.
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