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Number of job openings hits record high in America WASHINGTON, D.C. -- Good news if you are on the hunt. Job openings surged to a record high in July even as hiring fell, signaling a tighter labor market that's expected to soon push up wage growth. Employers advertised 5.8 million jobs, up from 5.3 million in June and the highest on records dating to 2000. Professional and business services added 122,000 openings; trade, transportation and utilities, 73,000; and leisure and hospitality, 69,000.

The number of hires slipped to 5 million from 5.2 million, according to the Job Openings and Labor Turnover Survey. As the unemployment rate falls to near-normal levels, many employers are struggling to find workers -- a dilemma some economists attribute to mismatches between the skills of unemployed workers and employers' needs. The jobless rate was 5.3% in July and dropped to 5.1% in August.

The number of people quitting jobs declined by 43,000 but remained at a solid 2.7 million. Quits typically indicate a healthy labor market in which workers feel confident enough to leave one job for another. And in a sign that leverage is shifting to employees, there were 1.4 unemployed workers for each job opening in July. Despite the tightening market, growth in average hourly earnings has remained modest, though it ticked up to 2.2% annually in August from 2% in June, perhaps signaling a coming acceleration. The Labor Department reported that employers added a solid 245,000 jobs in July, revising up its previous estimate by 30,000.

Jones College Letter To Graduates

Dear Graduate:

Jones College is committed to providing a quality education to its students. The core curriculum for our varied programs of study must be constantly reviewed for up-to-date content if we are to help our future graduates meet the professional challenges they face.

We are asking you, as a Jones College perspective graduate, to participate in this vital review process by completing the enclosed combined Career Development Exit Interview/Graduate Satisfaction Survey. Please be assured that the information provided will be used for the sole purpose mentioned above. No information provided by you will be given or sold to anyone outside of Jones College.

Jones College is nationally accredited through the Accreditation Council for Independent Colleges and Schools (ACICS). This accrediting institution receives its accreditation granting authority from the U.S. Department of Education. The Combined exit interview/graduate satisfaction survey we are asking you to complete is part of our College's requirement to maintain its accreditation through ACICS. Completion of the survey is a requirement in obtaining your degree from Jones College.

We appreciate your cooperation with this survey and would also like you to know that career development service is here to serve our graduates and our community's employers at no cost.

Career Development Department

Complete the required exit interview/graduate satisfaction survey.


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