U.S. employers posted a record number of jobs in March
A job seeker shakes hands with a recruiter in San Francisco. Photo: Justin Sullivan/Getty Images
U.S. employers advertised 6.6 million open jobs in March, setting a record that dates back to December 2000, when records begin, per the AP.
What it means: Even though the unemployment rate is the lowest it’s been since 2000, which normally makes it harder for businesses to recruit since there are fewer people looking for jobs, the uptick in postings could be explained by the fact that increases in wages have tapered off so employers may be taking advantage of the lull to post more jobs.