Available jobs in the U.S. settled near their highest level in nearly two years in May, surpassing expectations, according to federal data published Tuesday, as recent reports point to positive labor market growth.
Recent federal data has indicated positive growth in the job market.
Job openings totaled 7.59 million in May, up from April’s revised-down 7.58 million and the highest level since late 2024, the Bureau of Labor Statistics reported.
That exceeded consensus analyst estimates for job listings to slow to 6.9 million in the month, according to FactSet.
Total hires fell month-to-month from 5.21 million in April to 5.17 million in May, while total layoffs in May rose to 1.7 million, up from 1.6 million in April.
