Job openings in the US rose more than expected in April, according to the Bureau of Labor Statistics’ monthly Job Openings and Labor Turnover Survey.
Openings totaled 6.04 million. Economists had forecast that job openings in the US totaled 5.75 million in April, up from an upwardly revised 5.785 million in March, according to Bloomberg. Openings rose to a record 5.973 million last July.
The high number of openings underscores the challenges that some employers have filling positions, well into the economic recovery, even for jobs that are not highly specialized.
In May, the pace of job creation in the US slowed by more than expected to 138,000 nonfarm payrolls, a BLS report on Friday showed. Less participation in the labor market pushed the unemployment rate to a 16-year low of 4.4%.
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June 06, 2017 at 07:02PM
from Akin Oyedele
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