Job Openings and Labor Turnover Survey (JOLTS)
Coverage of Job Openings and Labor Turnover Survey (JOLTS) in the Nexus archive.
- America In Focus: US job market is rebounding, but economic frustration persists
The U.S. job market added 172,000 jobs in May, with the unemployment rate remaining at 4.3%, while job openings rose to 7.6 million in April. However, jobless claims reached a four-month high, and economic challenges like inflation and high energy prices from the Iran war persist. The average 30-year mortgage rate declined to 6.48%.
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran war
US job openings rose to 7.6 million in April, the highest since May 2024, despite economic uncertainty from the Iran war. The Labor Department reported a drop in layoffs and quits, but gross hiring decreased, indicating cautious hiring. The job market has improved from 2025's slump, with tax refunds and reduced workforce competition contributing to stability.
- US job openings climbed to 7.6 million in April despite economic fallout from the Iran war
U.S. job openings rose to 7.6 million in April, showing resilience amid economic uncertainty from the Iran war. Layoffs and job quits decreased, while hiring dropped, indicating cautious hiring. The job market has been recovering from a dismal 2025 with an average of 76,000 jobs added monthly this year, supported by tax refunds from President Donald Trump's tax cut bill.