Ratio of U.S. job seekers to openings drops to four-year low

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Published on 6 Aug 2013, 15:50
Ratio of U.S. job seekers to openings drops to four-year low
The ratio of unemployed Americans to every job opening fell in June to its lowest level in over four years, a positive sign for wages and the broader economy. That meant just under three workers sought each open job, marking a good deal of progress from the dark days of 2009, when the ratio was nearly seven workers per one job.
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