US Job Openings Surged in June to Record High

Labor News

Reprinted from The New York Times by The Associated Press on August 8, 2017.

US employers posted a record number of open jobs in June, a sign that the solid hiring of recent months will likely continue.

Job openings jumped 8 percent to 6.2 million, the highest on records dating back to 2000, the Labor Department said Tuesday. Hiring fell, however, and the number of people quitting their jobs also dropped.

The data suggest that employers have plenty of jobs to fill but are struggling to find the qualified workers they need. Typically, employers would offer higher pay to entice more applicants, accelerating wage growth. But the government’s jobs report for July, released Friday, showed that pay gains haven’t picked up yet.

Job openings in construction and manufacturing rose sharply. They also increased in financial services, health care, and in state and local government. The number of open jobs in retail fell. …

NY Times 8/8

About Jeffrey Burman 2002 Articles

Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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