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IPFS News Link • Employment & Jobs

Job Openings Soar Amid Record Surge In Americans Quitting Their Job

• by Tyler Durden

 (if only after the catastrophic April loss of 20MM jobs), and sure enough that's what the BLS confirmed moments ago when it revealed that in June the number of job openings jumped from a revised 5.371 million to 5.889 million, smashing expectations 5.3MM job openings, and at 518K, the biggest monthly increase in five years, since July 2015 (however, only after plunging by nearly 2 million in March and April).

Job openings rose in a number of industries with the largest increases in accommodation and food services (+198,000), other services (+69,000), and arts, entertainment, and recreation (+34,000). Job openings decreased in construction (-70,000) and in state and local government education (-26,000). The number of job openings increased in the Northeast and Midwest regions