In April, job openings rose to 7.6 million, the highest level since May 2024, according to the Bureau of Labor Statistics. This increase contrasts with a decrease in hiring, which fell to 5.1 million. Rising energy prices are contributing to inflation levels above the Federal Reserve's target, complicating monetary policy decisions.
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In April, job openings rose to 7.6 million, the highest level since May 2024, according to the Bureau of Labor Statistics. This increase contrasts with a decrease in hiring, which fell to 5.1 million. Rising energy prices are contributing to inflation levels above the Federal Reserve's target, complicating monetary policy decisions.
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Job openings rise to highest level in nearly two years
Job Openings Increase to Highest Level Since May 2024