FYI: May’s Job Opening and Labor Turnover (JOLTS) survey showed a new all time high for the total number of job openings. Separations crashed, driven lower by fewer layoffs in the month. Downward revisions kept the Openings Rate for both all workers and Private workers flat versus initially reported figures last month, but both remain within a few tenths of a percent of all time highs, continuing to illustrate strong labor demand.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/job-openings-grind-higher/