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US job openings unexpectedly grew in May, reflecting a still resilient labor market

The number of available jobs in the US unexpectedly grew in May, signaling there’s still heightened demand for workers.

,   and  Viktoria Klein
1 min read
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on...
Job seekers attends the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida.

US job openings unexpectedly grew in May, reflecting a still resilient labor market

Job openings jumped higher to 8.14 million in May, from a downwardly revised 7.91 million in April, according to the Bureau of Labor Statistics’ latest Job Openings and Labor Turnover Survey (JOLTS) report released Tuesday.

Economists had expected openings would fall to 7.91 million, according to FactSet consensus estimates.

This story is developing and will be updated.

The surge in job openings could indicate a strengthening of the economy, potentially attracting more businesses to invest and expand. Despite the increase in openings, some businesses might still struggle to find qualified candidates to fill these positions.

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