www.reuters.com WASHINGTON (Reuters) – US job openings and hirings fell in October, government data showed on Tuesday, highlighting the continued distress in the labor market. Economy Job openings fell by 80000 to a seasonally adjusted 2.51 million, the Labor Department said in its monthly Job Openings and Labor Turnover Survey. The job openings rate, a gauge of how many jobs were still open at the end of the month, was steady at 1.9 percent. Heidi Shierholz, an economist at the Economic Policy Institute, said the drop in job openings meant there were 6.3 job seekers competing for one position in October, considering that the number of unemployed people had risen by 558000 to 15.7 million. “Given the large number of job seekers per job opening, it is unsurprising that the jobless are getting stuck in unemployment for long periods and that the labor market is seeing record rates of long-term unemployment,” she said. economic collapse jobs unemployment recovery jobless ron paul crisis united UK obama financial bernanke geithner dollar end thefederal reserve world bank market banking debt credit inflation imf reinvestment act depression income tax capitalist Alex Jones prison planet united states illuminati New World Order NWO Conspiracy theory depopulation Russia china England Europe 2012 911 video American union Japan
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