U.S. Job Openings in May Hit 7.8 Million in a Continuing Display of Labour Market Resilience
7 Articles
7 Articles
Job Openings Rise Unexpectedly in May
U.S. job openings rose sharply in May, reaching their highest level since November 2024, according to new data from the Bureau of Labor Statistics released Tuesday. The surprising uptick comes as the Federal Reserve faces increasing pressure over the timing of its next interest rate cut. The Job Openings and Labor Turnover Survey (JOLTS) showed 7.76 million job openings at the end of May, up from 7.39 million in April. That April figure was also…
US Job Openings in May Hit 7.8 Million as Labor Market Stays Resilient
WASHINGTON (AP) — U.S. job openings rose unexpectedly in May, a sign that the American labor market remains resilient in the face of high borrowing costs and uncertainty over U.S. economic policy. U.S. employers posted 7.8 million vacancies in May, The Labor Department reported Tuesday, up from 7.4 million in April. Economists had expected a slight decrease to 7.3 million. Openings were reported at hotels and restaurants and at finance companies…
Morning Business Report: U.S. job openings rise, July 4th grilling heats up 41NBC News
(LILAMAX)- Job openings in the U.S. climbed in May to their highest level in six months, signaling continued strength in the labor market. According to the Bureau of Labor Statistics, openings rose to 7.8 million from 7.4 million the previous month. Federal Reserve Chair Jerome Powell is defending the central bank’s decision to hold off on interest rate cuts. Facing criticism from the White House, Powell said he would have reduced rates already—…
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