Job openings tumble to lowest level in more than 5 years


Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019.

Tom Brenner | Reuters

Job openings through the first full month of the coronavirus pandemic reached their lowest level in more than five years, according to Labor Department figures released Tuesday.

As companies shed record-breaking numbers of employees, the total vacancies plunged to 5.05 million in April, the lowest total since December 2014, the government’s Job Openings and Labor Turnover Survey showed. That was a million below the March level and represented a 28% tumble from February’s 7.3 million. Economists surveyed by FactSet had been looking for 5.75…


What happened to the stock market Wednesday: Rotation into tech continues

Previous article

Authentic Brands Group CEO is looking for coronavirus retail deals

Next article

You may also like

Leave a Reply

Notify of

More in Economy