The number of job openings in America just hit a new record

September 9, 2015, 4:35 PM UTC
Job Seekers Attend Job Fair In San Francisco
SAN FRANCISCO, CA - MARCH 27: A "we are hiring" sign is displayed on a table during the San Francisco Hirevent job fair at the Hotel Whitcomb on March 27, 2012 in San Francisco, California. As the national unemployment rate stands at 8.3 percent, job seekers turned out to meet with recruiters at the San Francisco Hirevent job fair where hundreds of jobs were available. (Photo by Justin Sullivan/Getty Images)
Photograph by Justin Sullivan — Getty Images

After last week’s disappointing jobs report, there’s some good news on the employment front.

Job openings hit a new record high of 5.75 million in July, the Labor Department reported Wednesday.

The U.S. government has been tracking job openings since December 2000 as part of its Job Openings and Labor Turnover Survey, commonly known as JOLTS. July’s job opening numbers were well above economists’ average estimate of 5.29 million, and up 3.9% after holding steading at 3.6% for the three preceding months.

While all the openings are good news for job seekers, there was some mediocre data in the Labor Department’s report as well. Despite all the available jobs, employers aren’t hiring new people. Hiring fell to 4.98 million in July from 5.18 million in June. Separations, meaning those people leaving their jobs whether by quitting or layoffs, also fell, hitting 4.72 million in July compared to 4.91 million in June. The quits rate, which signals how confident people are to leave their job for another, held steady at 1.9% for the fourth month.

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