Economic Report: Job openings climb in January to 7.58 million

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A ‘help wanted’ sign hangs on a window of a restaurant in Lower Manhattan.

The numbers: Job openings reached 7.58 million in January, the Labor Department reported Friday in a sign that companies are still eager to add new employees even with a tight labor market.

What happened: Job openings rose to the third-highest level on record from a revised 7.48 million in December, with big increases in wholesale trade, real estate, and information industries.

The 7.58 million job openings compares to the 6.54 million people in January who were unemployed, taking the ratio of open positions to those who seek them down slightly to 1.16 from 1.19 in December.

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