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Job openings jump 14 percent in October

Private job openings rose 13.88 percent between September and October, and are up 39.88 percent from October 2009.

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SoldAtTheTop / The Paper Economy
This graph shows private job openings (excluding farm laborers) over the past decade (red line, left axis) and total unemployment (U6, including the underemployed and those no longer seeking work 鈥 blue line, right axis). October's 14 point jump in job openings wasn't matched by a drop in unemployment, but is a strong indicator of a recovering economy.

Today, the (JOLT) showing that private non-farm job 鈥渙penings鈥 jumped 13.88% since September rising 39.88% above the level seen in October 2009 while job 鈥渉ires鈥 declined 0.61% since September but remained 6.51% above the level seen in October 2009 and job 鈥渓ayoffs and discharges鈥 dropped 0.25% since September and dropping 17.86% below the level seen last year.

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