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1. NUMBER OF U.S. JOB OPENINGS RISES

The number of jobs available in the U.S. bounced up to 3.7 million in January from 3.6 million the month before, the Labor Department reported Tuesday. The figures marked the latest in a series of signs pointing to modest improvement in the labor market. The budding job opportunities, many of them vacant retail positions, suggest companies are expecting stronger demand in 2013, which could nudge the unemployment rate down from 7.7 percent over the coming months. "We've got a long way to go to get back to a fully employed economy," economist James Glasssman of JPMorgan Chase said, "but we are on the road." [Bloomberg]

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.