US JOLTS Job Openings Rise to 7.594M in May
Job openings in the US increased to 7.594 million in May, according to the latest JOLTS report from the Bureau of Labor Statistics.
The US Bureau of Labor Statistics reported that job openings rose to 7.594 million in May, based on the Job Openings and Labor Turnover Survey (JOLTS). This marks a monthly increase in available positions, reflecting ongoing demand for labor in the economy.
The JOLTS data is closely monitored as a gauge of labor market tightness and can influence Federal Reserve policy expectations. No comparison figures from the prior month were provided in the release.
Source: FXStreet Forex News