Loading...

U.S. Job Openings Hit a Record 10.1 Million in June

August 9, 2021by Paul Wiseman, AP Economics Writer
U.S. Job Openings Hit a Record 10.1 Million in June
A Now Hiring sign at a business in Richmond, Va., Wednesday, June 2, 2021. U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year’s coronavirus shutdowns. (AP Photo/Steve Helber)

WASHINGTON (AP) — U.S. employers posted a record 10.1 million job openings in June, another sign that the job market and economy are bouncing back briskly from last year’s coronavirus shutdowns.

Job openings rose from 9.5 million in May, the Labor Department reported Monday. Employers hired 6.7 million workers in June, up from 6 million in May. The gap between openings and hiring suggests that firms are scrambling to find workers. Lingering health fears, difficulty getting childcare at a time when many schools are closed and expanded federal jobless aid may have kept some unemployed Americans from seeking work.

Still, hiring (up nearly 12%) grew faster than job openings (up 6%), narrowing the mismatch. In a research report, Contingent Macro Advisors suggested that “this report might offer the first sign that headwinds like generous unemployment benefits and childcare issues for parents might finally be abating, allowing people to get back to work.”

 A record low 1.3 million people were laid off or fired in June. 

The monthly Job Openings and Labor Turnover survey, or JOLTS, showed that nearly 3.9 million workers quit their jobs in June, a sign of confidence in their prospects of getting a better one. The June quits number was just shy of the record 4 million, set in April. 

The U.S. economy has rebounded with unexpected strength as the rollout of vaccines allows businesses to reopen or expand hours and encourages cooped-up Americans to get out again and visit restaurants, bars and shops. Still, the fast-spreading delta variant has cast a shadow over the outlook. Daily cases are averaging more than 100,000, up from fewer than 12,000 in late June but down around 250,000 in early January.

On Friday, the Labor Department reported that the economy generated 943,000 jobs last month and the unemployment rate fell to 5.4% from 5.9% in June. 

In The News

Health

Voting

Employment

May 11, 2022
by Alexa Hornbeck
Baldwin Pushes to Reduce Workplace Violence for Health Care and Social Service Workers

WASHINGTON — Sen. Tammy Baldwin, D-Wis., attended a press conference on Wednesday where she spoke about the Workplace Violence Prevention... Read More

WASHINGTON — Sen. Tammy Baldwin, D-Wis., attended a press conference on Wednesday where she spoke about the Workplace Violence Prevention for Health Care and Social Service Workers Act, which she introduced in the U.S. Senate on May 11.  “[Health care workers] have seen a spike in... Read More

US Added 428,000 Jobs in April Despite Surging Inflation

WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing... Read More

WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Friday’s jobs report from the Labor Department showed that last month’s hiring... Read More

Biden to Require US-Made Steel, Iron for Infrastructure

WASHINGTON (AP) — The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing... Read More

WASHINGTON (AP) — The Biden administration is taking a key step toward ensuring that federal dollars will support U.S. manufacturing — issuing requirements for how projects funded by the $1 trillion bipartisan infrastructure package source their construction material. The guidance being issued Monday requires that the material purchased... Read More

April 6, 2022
by Alexa Hornbeck
OSHA Urged to Retain Emergency Temporary Standard for Health Care Workers

WASHINGTON — The U.S. Circuit Court of Appeals for the District of Columbia heard an oral argument Monday from National... Read More

WASHINGTON — The U.S. Circuit Court of Appeals for the District of Columbia heard an oral argument Monday from National Nurses United regarding the Department of Labor’s Occupational Safety and Health Administration's emergency temporary standard for protecting health care workers against COVID-19. “OSHA is treating the... Read More

US Added 431,000 Jobs in March in Sign of Economic Health

America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience... Read More

America’s employers extended a streak of robust hiring in March, adding 431,000 jobs in a sign of the economy’s resilience in the face of a still-destructive pandemic, Russia's war against Ukraine and the highest inflation in 40 years. The government’s report Friday showed that last month’s... Read More

US Growth in Q4 Revised Lower to 6.9%, Slower Growth to Come

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December,... Read More

WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October through December, the government reported Wednesday, a slight downgrade from its previous estimates. For all of 2021, the nation’s gross domestic product — its total output of goods and... Read More

News From The Well