The job market still isn’t good, but at least it’s on its way back.
There were just 4.3 unemployed workers for every available job in March, the best ratio in over two years, according to a new Labor Department report. When conditions were worst, there were nearly seven workers per opening.
March’s jobless-to-jobs figure was still well below its level before the recession, however.
On the other side of the ledger, the raw number of layoffs and discharges continue to be near lows: