U.S. job openings jump to new record high

U.S. job openings jumped to a fresh record high in June and hiring increased, an indication that labor supply constraints are still elevated even as the economic recovery continues to gather pace.

Job openings, a measure of labor demand, rose by 590,000 to 10.1 million on the last day of June, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS report, on Monday.

Hiring also rose to 6.7 million in June from 6.0 million in the prior month. The government reported on Friday that job growth accelerated in July as U.S. employers hired the most workers in nearly a year and continued to raise wages.


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