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US Businesses Advertised Near-Record 11 Million Open Jobs

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In this May 26, 2021 photo, a sign for workers hangs in the window of a shop along Main Street in Deadwood, S.D. U.S. employers added 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers as the economy rapidly recovers from the pandemic recession. (AP Photo/David Zalubowski)

(AP) — U.S. employers posted 11 million open jobs in October, nearly matching a record high reached in July and a sign that companies were confident enough in the economy to expand. A government report Wednesday also showed that the number of people quitting their jobs dropped slightly in October to 4.2 million, from 4.,4 million in September, though that is still the third-highest number of monthly resignations on records dating back to 2000.

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