News Summary: US job openings, hiring up slightly

(AP) - MORE JOBS AVAILABLE: U.S. job openings rose 28,000 to 3.83 million in May from April, the Labor Department said Wednesday. That's close to February's 3.9 million, which was the highest in five years.

MOSTLY RETAIL: Nearly all the new openings were at retail businesses, a sign that many of the jobs being created are low paying. Openings in retail rose nearly 80,000. Government and construction firms also posted more jobs. Most other industries cut openings.

STILL COMPETITIVE: There are nearly 3.1 unemployed, on average, for each open job. That's down from a peak four years ago of nearly 7 to 1. In a healthy economy, the ratio is typically 2 to 1.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Top Stories
ATTENTION COMMENTERS: We've changed our comments, but want to keep you in the conversation.
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.
comments powered by Disqus
Sign up for breaking news e-mail alerts from MyNorthwest.com
In the community
Do you know an exceptional citizen who has impacted and inspired others?
KIRO Radio and WSECU would like to recognize six oustanding citizens this year. Nominate them to be recognized and to receive a $2,000 charitable grant.