Economy

Job openings declined in January but still far outnumber available workers

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A “Now Hiring” sign is displayed on a shopfront on October 21, 2022 in New York City.

Leonardo Munoz | View Press | Corbis News | Getty Images

Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to data released Wednesday.

The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed there are 10.824 million openings, down some 410,000 from December, the Labor Department reported. That equates to 1.9 job openings per available worker.

Despite the decline, the total was still higher than the FactSet estimate of 10.58 million. December’s number also was revised up by more than 200,000.

“Jolts data…



Source cnbc.com

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