Market Updates
Jobs Market Remain Tight, New Job Postings Decline 6.9% In May
Brian Turner
06 Jul, 2022
New York City
The number of job openings decreased 6.9% to 11.3 million on the last business day of May, the U.S. Bureau of Labor Statistics reported today.
Total hires in May were nearly unchanged at 6.5 million and separations were also unchanged at 6.0 million in May.
Hires totaled 78.4 million and separations totaled 72.0 million, yielding a net employment gain of 6.4 million, over 12 months to May.
These totals include workers who may have been hired and separated more than once during the year.
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