U.S. Job Openings Rose 352,000 in February to 3.09 Million

Job openings in the U.S. increased in February by the most since December 2004, a sign companies are turning more optimistic about hiring.

The number of positions waiting to be filled rose by 352,000 to 3.09 million, the Labor Department said today in a statement posted on its website. The number of people hired and the number of workers fired also increased.

Private payrolls rose by 230,000 in March, capping the strongest two-month gain since 2006, Labor Department data showed April 1. Hiring must accelerate and continue to broaden out across industries to restore the more than 8.75 million jobs lost as a result of the recession.

“We have seen a pickup in job growth in the last couple of months that has yet to be confirmed by higher job openings,” Jonathan Basile, a senior economist at Credit Suisse in New York, said before the report. “Private-sector surveys are pointing toward some better outcomes.”

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- Posted: 2011-04-13 12:57:23

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