US employers report 11.4 M job openings, holding at near-record highs
Job openings remained at near record highs, according to a report released Wednesday from the Bureau of Labor Statistics.
U.S. job openings decreased slightly to 11.4 million on the last business day in April, according to the Job Openings and Labor Turnover report. About 4.4 million Americans quit their jobs in April.
New hires were little changed, at 6.6 million, and job separations remained around 6 million.
Unemployment was lower in April than a year earlier in 388 of the 389 metropolitan areas surveyed. About 170 regions had unemployment rates less than 3 percent, with the overall unemployment rate reported in May standing at 3.6 percent.
The news comes as the U.S. battles record inflation not see in 40 years. Consumers have continued to feel the pain at the pump and at the grocery store. The latest employment numbers indicate that sky-high prices are showing no signs of coming down.
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Source: TEST FEED1
