Job openings hit 4.7 million in June, vs. 4.6 million in May

Job openings rose in June, hitting 4.7 million, up slightly from 4.6 million in the prior month, according to the U.S. Bureau of Labor Statistics.

The latest reading marks the highest since February 2001.

Federal Reserve Chair Janet Yellen often cites the survey when she assesses the state of the labor market.

Over the last year, the movement of job openings has varied. From June 2013 to January 2014, the number of job openings was little changed, decreasing by 97,000, according to the BLS. However, from January 2014 through June 2014, the number of job openings trended upward by an average 159,000 job openings per month, for a total increase of 797,000 openings.

Read More Watch out! Jobs that are in danger of disappearing

Earlier, optimism among small business owners edged higher in July, according to a survey by the National Federation of Independent Business (NFIB), but it said the overall results suggest “the small business half of the economy is still not pulling its weight.”

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