JOLT job openings for May 2019
- JOLTS job openings 7.323M vs 7.473M estimate
- Prior revised down to 7.372M from 7.449M last month
- Hires 5.725M vs 5.991M last month
- Separations 5.495M vs 5.687M last month
- Quits 3.425M vs 3.516M last month
- Layoffs and discharges 1.76M vs 1.83M last month
Job openings remains well above the hires for the month which could be indicative of not enough qualified workers to fill the needed jobs. The levels are down, but still remain near highs. Weaker and slowing, but job market is still solid from this release.