Hires Declined Off Series High in April
|Indicator||Prior||Consensus Forecast||Forecast Range||Result|
|Job Openings||7.449 M||7.400 M||7.400 M to 7.479 M||7.323 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%.