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US job openings rise to 8.1 million despite higher interest rates

Posted on AllSides July 2nd, 2024
From The Left

WASHINGTON (AP) — U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool the labor market.

Vacancies rose from a revised 7.9 million in April, the first reading below 8 million since February 2021, the Labor Department reported Tuesday. April openings were marked down from an originally reported 8.1 million.

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https://apnews.com/article/job-openings-economy-hiring-layoffs-124cedcd2c531d521334f84bfa631f93

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