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Thursday, July 9, 2020
HomeNewsEconomyJOLTS: Job Openings Little Changed at 7.3M in May

JOLTS: Job Openings Little Changed at 7.3M in May

Man reading newspaper with the headline Job Market. (Photo: AdobeStock)

Hires Declined Off Series High in April

IndicatorPriorConsensus ForecastForecast RangeResult
Job Openings7.449 M7.400 M7.400 M to 7.479 M7.323 M

The Bureau of Labor Statistics (BLS) JOLTS report just missed expectations, with the number of job openings little changed at 7.323 million on the last business day of May. The job openings rate was 4.6%.

The number of hires decreased by 266,000 to 5.7 million, and separations were largely unchanged at 5.6 million. The hires rate was 3.8%.

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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