US job openings hold steady, defying recent slowdown trend

By Jarrell Dillard
Published 3 Min Read

A 'Now Hiring" sign at the front of a grocery store.
Bloomberg

U.S. job openings came in above forecast last month after May’s reading was revised higher, defying a recent trend of a gradual softening in the labor market.

Available positions edged lower to 8.18 million from an upwardly revised 8.23 million reading in the prior month, the Bureau of Labor Statistics Job Openings and Labor Turnover Survey, known as JOLTS, showed Tuesday. The June figure exceeded most estimates in a Bloomberg survey of economists.

Jarrell Dillard

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