(AP) -- WASHINGTON — The number of available jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong.
The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million. That suggests that businesses remain confident enough in the economic outlook to create more jobs.
The figures provide the latest evidence that employers have largely shrugged off the uncertainties surrounding the U.S.-China trade war and slowing global growth. While the number of open jobs has declined from a record high of 7.6 million a year ago, they are still at a historically high level. For roughly a year and a half there have been more job postings than unemployed people.
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