U.S. Hiring Demand Remained Strong in April - 02 iunie 2022

U.S. job openings remained close to record levels in April, and workers continued to quit at an elevated rate, signs of an exceptionally tight labor market that has contributed to historically high inflation. The Labor Department on Wednesday said there were a seasonally adjusted 11.4 million job openings in April, a decrease from an upwardly revised record high of 11.9 million openings in the prior month. The number of times workers quit their jobs fell slightly to 4.4 million. Demand for workers has exceeded the number of unemployed people looking for work for the past year. During the same stretch, employers have added more than 400,000 jobs a month to U.S. payrolls and the unemployment rate has dropped 3.6%, slightly above its prepandemic level of 3.5% and close to a 50-year low. The hot jobs market is driving up wages at a historically high rate and contributing to the highest inflation in four decades.

https://www.wsj.com/articles/job-openings-us-growth-labor-market-turnover-april-2022-11654043555