Published 2 years ago

U.S. job openings fall less than expected in May

Summary by Ground News

Job openings dropped 427,000 to 11.3 million on the last day of May. The Labor Department said in its monthly Job Openings and Labor Turnover Survey. The Fed is trying to cool demand for labor and the overall economy to bring inflation down to its 2% target.

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The Independent

US job openings slip, though remain at healthy level

U.S. employers advertised fewer jobs in May as the economy has shown signs of weakening, though the overall demand for workers remained strong

2 years ago·London, United Kingdom

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Reuters

U.S. job openings fall less than expected in May

U.S. job openings fell less than expected in May, pointing to a still tight labor market that could keep the Federal Reserve on an aggressive monetary policy path as it battles high inflation.

2 years ago·United Kingdom

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abc News

US job openings slip, though remain at healthy level

U.S. employers advertised fewer jobs in May as the economy has shown signs of weakening, though the overall demand for workers remained strong

2 years ago·United States

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The Washington Post

Labor market remains red hot amid growing recession fears

U.S. employers remained eager to hire, according to the May JOLTS report, adding fuel to a red-hot labor market that continues to serve as a bulwark against growing recession fears.

2 years ago

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CNBC

Job openings fell in May but still outnumber available workers by almost 2 to 1

Available positions totaled 11.25 million for the month, a considerable drop from the upwardly revised 11.68 million in April, according to the JOLTS report.

2 years ago·United States

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