Market news
07.07.2021, 14:16

U.S. job openings increase 0.2 percent in May; hires decline 1.4 percent

The Job Openings and Labor Turnover Survey (JOLTS) published by the Labor Department on Wednesday revealed a 0.2 percent m-o-m gain in the U.S. job openings in May after a revised 10.9 percent m-o-m climb in April (originally a 12.0 percent m-o-m jump).

According to the report, employers posted 9.209 million job openings in May compared to the April figure of 9.193 million (revised from 9.286 million in the original estimate) and economists’ expectations of 9.388 million. The job openings rate was 6.0 percent in May, unchanged from the previous month. The report showed that the job openings rose in other services (+109,000), state and local government education (+46,000), and educational services (+35,000), but fell in arts, entertainment, and recreation (-80,000); state and local government, excluding education (-56,000); and federal government (-17,000).

Meanwhile, the number of hires decreased 1.4 percent m-o-m to 5.927 million in May from a revised 6.012 million in April (originally 6.075 million). The hiring rate was 4.1 percent in May, slightly down from an unrevised 4.2 percent in the prior month. Hires went dropped in state and local government, excluding education (-56,000) and in federal government (-10,000).

The separation rate in May was 5.318 million or 3.7 percent, compared to 5.803 million or 4.0 percent in April. Within separations, the quits rate was 2.5 percent (-0.3 p.p. m-o-m), and the layoffs rate was 0.9 percent (-0.1 p.p. m-o-m).

© 2000-2022. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location