Job openings surge, but employers don't hire - WALB.com, South Georgia News, Weather, Sports

Job openings surge, but employers don't hire

By CHRISTOPHER S. RUGABER, AP Economics Writer

WASHINGTON (AP) - U.S. job openings surged in February to a 14-year high, yet employers filled fewer of those jobs than in the previous month.

On a brighter note, the Labor Department also says that layoffs fell sharply. Taken together, the figures suggest that signs of a stumbling economy have prompted U.S. businesses to pull back on hiring. But they weren't spooked enough to cut more jobs.

The number of available jobs rose 3.4 percent in February to 5.1 million, the government says, the most since January 2001. That indicates companies want to add staff. Yet total hiring slipped 1.6 percent to 4.9 million.

Layoffs, meanwhile, plummeted 7.6 percent to 1.6 million, the lowest level in 16 months. That points to a high degree of job security for those Americans who are employed.

(Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Driver hit by train in Tift Co. identified

    Driver hit by train in Tift Co. identified

    Monday, July 24 2017 12:42 PM EDT2017-07-24 16:42:58 GMT
    It happened at the intersection of Adcock Road and Highway 41 (Source: WALB)It happened at the intersection of Adcock Road and Highway 41 (Source: WALB)

    It happened at the intersection of Adcock Road and Highway 41 in Tift County.

    More >>

    It happened at the intersection of Adcock Road and Highway 41 in Tift County.

    More >>
  • 3 arrested after Valdosta shooting incident

    3 arrested after Valdosta shooting incident

    Monday, July 24 2017 11:33 AM EDT2017-07-24 15:33:48 GMT
    (AP graphic)(AP graphic)

    About 3:30 Saturday morning, Lowndes County E-911 took multiple emergency calls were made about shots fired at an apartment complex in the 1400 block of Baytree Drive. 

    More >>

    About 3:30 Saturday morning, Lowndes County E-911 took multiple emergency calls were made about shots fired at an apartment complex in the 1400 block of Baytree Drive. 

    More >>
  • Old Tifton warehouse gets a revamp

    Old Tifton warehouse gets a revamp

    Monday, July 24 2017 8:01 AM EDT2017-07-24 12:01:57 GMT
    The building used to be a tobacco warehouse (Source: WALB)The building used to be a tobacco warehouse (Source: WALB)

    A South Georgia developer is breathing new life into some of Tifton's oldest buildings. Developer and investor Harold Harper is transforming an old tobacco warehouse into a new residential space called the Lofts at Twin Brick. 

    More >>

    A South Georgia developer is breathing new life into some of Tifton's oldest buildings. Developer and investor Harold Harper is transforming an old tobacco warehouse into a new residential space called the Lofts at Twin Brick. 

    More >>
Powered by Frankly