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06/01/2022

Job Openings in April Remain Near Record Highs

Few consider the sheer number of those dead from COVID-19

Demand for workers remained near record highs, with 11.4 million job openings in April, as the tight labor market continues to be a bright spot for the U.S. economy.

Some 4.4 million Americans quit or changed jobs that month, according to a report released Wednesday by the Bureau of Labor Statistics, using their leverage in an economy where job openings still outnumber job seekers by close to 2 to 1.

Employers reported hiring 6.6 million people in April. Layoffs, meanwhile, fell to an all-time low of 1.2 million, as businesses sought to keep the workers they did have.

Please select this link to read the complete article from The Washington Post.

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