Economy

job openings fall sharply, but still outnumber available workers

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A man walking a dog passes by a help wanted sign advertised along East Main Street in East Islip, New York on February 17, 2022.

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Job openings fell by nearly half a million in April, narrowing the historically large gap between vacant positions and available workers, the Bureau of Labor Statistics reported Wednesday.

The openings total declined by 455,000 from the upwardly revised March number to 11.4 million in April, about in line with the FactSet estimate, according to the bureau’s Job Openings and Labor Turnover Survey.

That left a gap of 5.46 million between openings and the available workers, still high by historical standards and reflective of a…



Source cnbc.com

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