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Job openings jumps to 5.376 million in April, the highest reading since December 2000

 

The U.S. Bureau of Labor Statistics released its Job Openings and Labor Turnover Survey (JOLTS) report on Tuesday. Job openings climbed to 5.376 million in April from 5.109 million in March. It was the highest reading since December 2000.

 

 

March's figure was revised up from 4.994 million.

 

 

The number of job openings increased for total private (4.887 million) and for government (489,000) in April.

 

 

The hires rate was 3.5% in April.

 

 

Total separations fell to 4.881 million in April from 5.065 million in March.

 

 

The JOLTS report is one of the Federal Reserve Chair Janet Yellen's favourite labour market indicators.



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