WASHINGTON (Reuters) -- U.S. workers needed less time to land a new job in the fourth quarter of 2006 than they did in the prior quarter, according to a survey released Thursday.
After hitting the highest level in more than three years in the third quarter, the median job search time fell 12 percent in the fourth quarter to 3.7 months, according to the survey by Challenger, Gray & Christmas.
The decline in job-search times corresponds to increased job creation reported by the U.S. government at the end of the year. Last week, the Labor Department reported that 167,000 jobs were created in December and it revised up hiring for each of the two preceding months.
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