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US – Jobs Openings increased to record 5.4 million in May
From the BLS: Job Openings and Labor Turnover Summary The number of job openings was little changed at 5.4 million on the last business day of May, the highest since the series began in December 2000, the U.S. Bureau of Labor Statistics reported today. The number of hires was unchanged at 5.0 million in … Continue reading
Increased Mismatch in US – Will wages raise ?
U.S. job openings surged to a 14-year high in February but a steady pace of hiring suggested employers are having trouble finding suitable workers, a trend that could put upward pressure of wage growth. Job openings, a measure of labor demand, increased 168,000 to a seasonally adjusted 5.1 million, the Labor Department said in its … Continue reading
Us / The “Job Openings and Labor Turnover Survey” in charts
The “Job Openings and Labor Turnover Survey” tracks the number of job openings and hires in the US, which are fairly obvious indicators of the strength of the labor market. It also tracks an important, if slightly more subtle, indicator: turnover. The BLS calls these “separations,” and the number measures people who’ve quit jobs, been laid … Continue reading
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