Fewer jobs available, according to Labor Dept.

According to the U.S. Department of Labor, the number of open positions fell significantly during April, as millions of Americans continue to look for employment.

The government agency said that the total number of available jobs fell by 325,000, which was the sharpest decline since the start of the recession in 2008. There were a total of 3.42 million jobs open in April, falling from the 3.74 million the month before. Bloomberg reports that in the two years before the economic downturn, there were an average of 4.46 million jobs available.

"It’s been a pretty slow process," Ryan Wang, an economist at HSBC Securities, told the source. "The rate of gross hiring is still about 20 percent below what it was before the recession."

There are other negative signs for job-seekers when it comes to landing full-time positions. The Labor Department stated that in May, the unemployment rate increased to 8.2 percent, compared to 8.1 percent during the previous month.

Content provided by executive search organization, MRINetwork.

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