Job openings outnumbered unemployed last month

There were 1 million more jobs than unemployed US workers in the most recent government count of job openings, according to a Labor Department release Monday.

Total available jobs stood at 7.08 million for October, the second-highest level surpassed only by the 7.3 million in August, the Job Openings and Labor Turnover Survey showed. By comparison, there were just 6.08 million Americans classified as unemployed for the month.

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The unemployment rate remains at historically low levels – currently 3.7 percent. 

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