US Job Openings Unexpectedly Soar to 7.7 Million as Labor Demand Remains Solid

Job openings soared to a higher-than-expected level in May, signaling the U.S. labor market’s persistent resilience amid economic uncertainty.

Job Openings and Labor Turnover Summary (JOLTS) data show that the number of job vacancies climbed by 374,000 to 7.769 million in May, from an upwardly revised 7.395 million in April.