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US hires jump to a record and job openings increase, fueled by economic reopenings - Business Insider

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US hires jump to a record and job openings increase, fueled by economic reopenings

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The number of hires jumped 2.44 million in May to an all-time high of 6.5 million, according to Tuesday's, or JOLTS, from the Labor Department. The hires rate rose to 4.9% from 3.1% a month earlier. The hires numbers do not include rehired workers. Separations, which include quits, layoffs, and discharges, decreased by 5.8 million to 4.1 million, the largest decline in the survey's history. The layoffs and discharges rate fell to 2.4% in May, the second monthly decline since hitting a record high of 7.6% in March. JPMORGAN: The coronavirus crisis has decimated one of the safest defenses against stock-market crashes. Here are 4 ways to pivot your portfolio now.

 

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This is good news NGRPresident NGRSenate HouseNGR

Gotta love all those chin straps keeping us safe to go back to normal

Jump back to where they were?

.... until August when the real death numbers start.

What a working economy

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