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U.S. job openings rise for second straight month in June

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The numbers: Job openings rose 518,000 to 5.9 million in June, according to the Labor Department on Monday. That’s above the median forecast of 5.3 million jobs in an Econoday survey of economists. The number of jobs available was running around 7 million before the pandemic.

The number of layoffs and firings rose 522,000 to 4.8 million in June. Hiring eased to 6.7 million from a record 7.2 million in May.

The JOLTS data lag the monthly employment report by a month.

What happened: The largest gains in openings came from accommodation and food service, other service and arts. The biggest declines were in construction and state and local government…



Source marketwatch.com

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