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Job Openings Surge But Hiring Lags | Business and Finance News
Published 2 days, 8 hours ago
Description
Job openings hit a steady 7.6 million in May—matching April’s numbers and surprising economists who expected fewer. Wholesale trade and food service saw the biggest gains, while healthcare and finance slipped. Hiring rates held steady at 3.3%, quits stayed at 1.9%, and layoffs edged up slightly but remain consistent. Plenty of roles available, but the pace of filling them remains sluggish—watch this space.
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