05/03/2024

U.S. Job Openings in June Fall a Bit From Record Highs

The number of job openings in the U.S. fell slightly in June but remained at a level suggesting strong demand for workers.

Job openings slipped to 5.25 million in June, down from a record 5.36 million in May, according to the Labor Department’s Job Openings and Labor Turnover Survey, known as Jolts.

Hires climbed to the highest level of the year at 5.12 million and the number of Americans voluntarily quitting their jobs climbed to 2.75 million from 2.73 million the prior month. The number of voluntary quits tends to rise when people are confident about job prospects.

Another 1.79 million people were laid off or discharged in June, down from 1.66 million in May.

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