x

Economy

US Job Openings Surge to Record 9.3 Million in April

WASHINGTON — U.S. employers posted a record 9.3 million job openings in April with the U.S. economy reopening at break-neck speed.

The number of job openings soared 12% from the 8.3 million counted in March.

But employers hired just 6.1 million, up 1% from March, according to a Labor Department report Tuesday, suggesting that positions are opening faster than companies can fill them.

"More than a year after horrific job losses and wage cuts, job seekers have a strong hand in the labor market again. Demand for workers is surging as the broader economy starts to emerge from the pandemic," said Nick Bunker, director of the Hiring Lab. "At the same time, supply is restrained as workers are slow to find their post-pandemic normal. The result is a labor market that has snapped back quicker than many expected."

Hotels and restaurants, reopening after being forced to close or curb hours during the coronavirus pandemic, reported the biggest increase in job openings.

The number of Americans quitting their jobs rose 11% to almost 4 million in April, the highest figure in records going back to 2000.

The Labor Department reported Friday that the U.S. economy generated 559,000 new jobs in May and that the unemployment rate dipped to 5.8% from 6.1% in April. The hiring figures would ordinarily be viewed as exceptional. But as the economy rebounds from the coronavirus recession, some economists had expected to see much faster job gains. The United States is still 7.6 million jobs short of where it stood in February 2020.

RELATED

MIAMI (AP) — Having fled economic and political chaos in Venezuela, Luisana Silva now loads carpets for a South Carolina rug company.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

9 Are Facing Charges in What Police in Canada Say is the Biggest Gold Theft in the Country’s History

TORONTO (AP) — Police said nine people are facing charges in what authorities are calling the biggest gold theft in Canadian history from Toronto’s Pearson International airport a year ago.

HONOLULU  — The Hawaii attorney general's office must pay attorney fees for using last year's Maui wildfire tragedy to file a petition in “bad faith” that blamed a state court judge for a lack of water for firefighting, Hawaii's Supreme Court ruled.

Allman Brothers Band co-founder and legendary guitarist Dickey Betts dies at 80 Dickey Betts, who died Thursday at age 80, really was born a ramblin’ man.

NEW YORK  — New York police removed a pro-Palestinian protest encampment at Columbia University on Thursday and arrested more than 100 demonstrators, including the daughter of a prominent Minnesota congresswoman.

ATHENS - The special 'Easter Basket,' which offers traditional Easter foods at lower or unchanged prices, will come into effect from April 24 to May 4.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.