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More job ads placed in May than April

U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.

Published: July 11, 2012 at 12:05 a.m. PDT
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U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring.

Job openings rose to a seasonally adjusted 3.6 million, the Labor Department said Tuesday. That’s up from 3.4 million in April. It’s also the second-highest level in nearly four years. A rise in openings could mean hiring will pick up in the coming months. The report “suggests business attitudes toward hiring are not in complete free-fall,” Michael Feroli, an economist at JPMorgan Chase, wrote in a note to clients.

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