As Job Openings Increase So Do Those Looking
CREDIT: Hiring sign image via Shutterstock
While the number of job openings continues to rise, so too does the number of people searching for one, new data shows.
Research from the job search engine Simply Hired revealed job openings increased by more than 7 percent from a year ago, however competition for those jobs held steady at a ratio of three unemployed workers for every one opening.
In January, job openings across the country increased by 1.1 percent, the eighth time in the last nine months that the number of open jobs has increased.
"As many seasonal jobs come to a close in January, it is encouraging to see job opening growth continue this month,” said James Beriker, president and CEO of Simply Hired. "It is even more encouraging to see some of the slower areas in the country showing year-over-year growth."
The research shows that job openings increased in 40 out of 50 major metros in January. West Palm Beach, Fla., Seattle and Tacoma, Wash., Las Vegas, Nev., and Atlanta, Ga., experienced the largest gains.
The study also found that the number of open jobs increased in half of the 18 industries examined. The agriculture and technology industries showed the largest gains, while businesses in the non-profit and legal industries had significant drops.
When it comes to specific job type, personal care and services and building and groundskeeper workers saw the most growth last month, with computer engineers facing the largest decline.
The study was based on monthly job seeker activity on simplyhired.com, which publishes millions of listings from over 30,000 employment sites, and data obtained from the Bureau of Labor Statistics.