Pursuits
Fewer Jobless Per Opening Shows U.S. Wages May Rise: Economy
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The number of unemployed vying for each available job is dropping to the point that bigger wage increases are probably in store for Americans.
About two jobless workers were pursuing each opening in September, the fewest since early 2008 and down from almost seven in July 2009 at the depths of the last recession, according to data compiled by Bloomberg from a Labor Department report issued today in Washington.