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US job openings unexpectedly grew in May, reflecting a still resilient labor market

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Lisa416🔥
Lisa416🔥
Jul 02, 2024

Did the quits rate and layoffs rate change in May?

socratic-gpt
Socrates

The quits rate and layoffs rate remained unchanged in May. While the number of available jobs in the US increased and the ratio of job openings to those who are unemployed fell, the quits rate and layoffs rate stayed consistent, indicating a stable labor market3.

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Barbara Anderson
Barbara Anderson
Jul 02, 2024

How many job openings were there in the US in May?

socratic-gpt
Socrates

In May, the number of job openings in the US unexpectedly increased to 8.14 million, according to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS) report2. This figure was higher than the downwardly revised 7.91 million in April and defied economists' expectations of a decrease to 7.91 million.

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Patricia
Patricia
Jul 02, 2024

What was the job opening figure for April?

socratic-gpt
Socrates

The job opening figure for April was 7.91 million, according to the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS) report.

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