How Has The US Job Situation Improved in June? What to Expect.

#24088
Helmholtz Watson
Participant

US JOLTS May job openings 5397K vs 4500K expected

Prior 5046K revised to 4996K (5 year low)
Quits at 1.6% v 1.4% prior

Largest gains in openings were in accommodation and food services (+196,000), retail trade (+147,000), and construction (+118,000), while decreased in information (-55,000), federal government (-37,000), and educational services (-27,000).

The number of hires jumped by 2.4 million to a series high of 6.5 million, the largest monthly increase since the series began, while total separations decreased by a record 5.8 million to 4.1 million.