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Job openings were better than expected in May at 7.6 million
Tue, June 30, 2026 at 10:23 AM EDT1 min read
Job openings continued to beat expectations in May, though the hiring rate remained low, new data shows.
Last month, 7.6 million positions were available, matching April's levels, according to the Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics released Tuesday. Economists surveyed by Bloomberg had predicted 7.3 million openings in May.
Openings popped in wholesale trade and accommodation and food services, government data showed, while declining in healthcare and finance.
The quits rate, at 1.9%, was unchanged, as was the hiring rate, at 3.3%. Layoffs ticked up slightly, though job cut rates have now hovered between 1% and 1.2% since July 2024.
Emma Ockerman is a reporter covering the economy and labor for Yahoo Finance. You can reach her at emma.ockerman@yahooinc.com .
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