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US job openings fall in December from 5-year high

MGN Online

MGN Online

WASHINGTON (AP) - U.S. employers posted fewer job openings in December and hiring slowed, adding to evidence that the job market weakened that month.

Still, the number of available jobs remained near a 5½-year high. The Labor Department says that job openings slipped 1 percent to 3.99 million in December, from 4.03 million in the previous month. November's total was the first time that available jobs had topped 4 million since March 2008.

Total hiring fell to 4.4 million from 4.5 million in November. While job openings are mostly back to pre-recession levels, hiring is below the roughly 5 million a month that's typical for a healthy market.

Last week's jobs report showed that job gains in January were tepid for the second straight month. The unemployment rate fell to 6.6 percent.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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