US job openings at 11.3M in January

By Ovunc Kutlu

ANKARA (AA) - Job openings in the US fell slightly to 11.26 million in January, according to figures by the Labor Department that were released Wednesday.

While the market expectation was 10.92 million, the figure stood at 11.44 million in December.

There was little change in the rate of job openings at 7%, said the Labor Department.

A total of 4.3 million people quit jobs in December. The quit rate decreased to 2.8%, it added.

The survey measures job vacancies by collecting data from employers about employment, job openings, hiring and separations.

The Job Openings and Labor Turnover Survey, or JOLTS, considers job openings as all positions that are open or not filled on the last business day of the month that the survey is done.