The number of job openings surge above 10 million for the first time

Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on pocket
Share on whatsapp
The number of job openings surge above 10 million for the first time

Yesterday, the Labor Department reported a whopping 10 million job openings in June, a figure that represents a new record. That is one million more payrolls than economists had expected. 

Perhaps unsurprisingly, the hospitality sector led the way, with over 1.6 million job openings. Health care came next with 1.5 million available spots. 

“Labor demand keeps getting stronger,” said Nick Bunker, who is the director of research at Indeed Hiring Lab. “This is the third straight month of record-breaking job openings. The quits rate is also close to its all-time high, which was set just two months ago in April. This wave of demand will eventually recede, but job seekers should ride it until then.” 

This news came on the heels of a promising July jobs report, which went out last week. 

More Headlines You Need To Read:

What is going on with the world’s largest digital currency right now?

Why Bill Gates is no longer the world’s fourth wealthiest person

Which Disney hotels have the best perks for guests?

Why did this bottle of Coca-Cola sell for more than 50,000 Mexican pesos?

When are members of the US military being forced to get a vaccine?

Does the cost of success ever get too high? When?

Fedrick Frost

Fedrick Frost

News Reporter for Morning Bullets, Writes on Politics, Economy, Business & More. Intrested in sharing news With Fredrick? Click Here


You are now part of the Morning bullets newsletter

let's save the world together