New Eye Care site

New Eye Care site

WARREN

Eye Care Associates will break ground on its new office Saturday. Ceremonies will get underway at 2 p.m. at 4060 N. River Road NE. A light reception will follow across the street at Sloas Airfield, including displays of the office’s design. The office is set to open in late August 2014.

Tax update seminar

CANFIELD

The Mahoning Valley Accounting Society and Nicholas Patrick CPE Inc. are having the Federal Business Tax Update Seminar on Friday. Registration starts at 8 a.m., and the seminar will follow from 8:30 a.m. to 4:30 p.m. at A La Cart Catering, 429 Lisbon St. The seminar counts for eight hours of tax continuing professional education.

The cost is $199 for members and $220 for nonmembers.

Vote-delay reaction

YOUNGSTOWN

Mike Hoffman, CEO of Exal Corp., said Tuesday he was disappointed that Teamsters Local 377 delayed a vote by Exal employees to determine whether to unionize.

An up-or-down vote scheduled for last month was delayed when the Teamsters filed unfair-labor charges with the National Labor Relations Board just days before the election.

Hoffman questioned the union’s motives for the delay, calling the allegations false and unfair.

The NLRB has not set a date for a new election, pending a review of the charges filed by the Teamsters.

US job openings at five-year high

WASHINGTON

U.S. employers advertised the most job openings in more than five years in October, and the number of people quitting also reached a five-year high.

The Labor Department said Tuesday that job openings rose 1 percent to a seasonally adjusted 3.93 million. That is the highest figure since May 2008, three months after the Great Recession began.

And the number of workers who quit rose 2.5 percent to 2.39 million, the most since October 2008. More workers quitting can signal a healthy job market, because most of those people likely either have a new job or are confident they can find one.

Total hiring, though, slipped 2.6 percent to 4.5 million after reaching a five-year high in September. Still, overall hiring has risen 5.2 percent in the past year.

More hiring, job openings and quits point to a more- dynamic job market. That trend creates more opportunities for people out of work or looking for a new job.

Another positive sign in the report: Layoffs plunged 16 percent to 1.47 million, the lowest level on records dating to 2001. Still, while fewer layoffs are welcome, businesses need to step up hiring to more quickly reduce the still-high unemployment rate of 7 percent.

Job openings remain just below the 4 million figure that is thought to be consistent with a healthy job market. And employers usually hire about 5 million people each month in a normal economy.

Vindicator staff/wire reports