Businesses Posted 3.1 Million Job Openings in February

3.1 million

Number of job openings that employers advertised in February, the most since September 2008, according to the Labor Department. That was the height of the financial crisis, when Lehman Brothers collapsed. The report shows there were 4.4 people, on average, competing for each available job in February. That’s down from nearly 7 in July 2009, but still above the approximately 2 to 1 ratio that exists in a healthy economy.

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