New York Post
04 Jun 2026, 23:20 UTC · 2h ago
US job openings jump to highest level in nearly two years, powered by white-collar positions
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New York Post
04 Jun 2026, 23:20 UTC · 2h ago
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US job openings surged to 7.62 million in April, the highest level since May 2024. — Strong labor demand suggests a tighter economy, which may complicate the Federal Reserve's ability to cut interest rates.
-0.60Actual hiring decreased from 5.54 million in March to 5.12 million in April despite the rise in openings. — A gap between postings and actual hires indicates a potential disconnect in the labor market or employer hesitation.
-0.30The increase in job openings was heavily concentrated in professional and business services, accounting for over 90% of the growth. — While positive for white-collar sectors, the lack of broad-based growth limits the overall bullishness for the wider economy.
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Voluntary quits fell to 2.98 million in April, indicating worker caution regarding new opportunities. — Lower quit rates typically signal decreased consumer confidence and worker apprehension about economic stability.
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