The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), “continues to reflect a gradually slowing yet still-robust labor market, one that is cooler than a year ago but still hot,” said Nick Bunker, research director at the Indeed Hiring Lab. But there were more jobs available in education and government. Job openings fell in healthcare, insurance and finance. But layoffs fell slightly, and more Americans quit their jobs - a sign they were confident they could find better pay or working conditions elsewhere. job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates.Įmployers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday.
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