JOLTS Job Openings 6/7/2022

The Job Opportunities Report (JOLTs) is a monthly report on job vacancies in the commercial, industrial, and office areas of the United States. The account includes all vacancies that remain open as of the last working day of the month

The number of job vacancies in the United States reached 11.400 million in April of 2022, down from a revised record level of 11.855 million in March, which is in line with market expectations and indicates companies continue to struggle to hire new workers. The largest increases were in transportation, warehousing and facilities (97,000+); Non-durable goods manufacturing (+67000); and durable goods manufacturing (+53000). The largest declines were in health care and social assistance (-266,000), retail (-162,000), and accommodation and food services (-113,000). Meanwhile, about 4.4 million Americans quit their jobs in April, little changed from the previous month, with the so-called quit rate unchanged at 2.9%.

The forecast for today's report is 11.05 million
The report will be released at 5:00 pm Beirut time