Job open­ings re­cede in May from April’s 18-month high

Austin American-Statesman - - BUSINESS & PERSONAL FINANCE -

Job open­ings dropped in May from the pre­vi­ous month and lay­offs edged up, fresh ev­i­dence that em­ploy­ers are re­luc­tant to add work­ers. The La­bor Depart­ment said Tues­day that job open­ings fell to 3.2 mil­lion in May from 3.3 mil­lion the pre­vi­ous month. April’s up­wardly re­vised fig­ure was the high­est in 18 months.

The de­cline in job open­ings comes af­ter a sharp rise the pre­vi­ous two months, driven by tem­po­rary govern­ment hir­ing for the 2010 cen­sus and more open­ings in the pri­vate sec­tor. As a re­sult, the num­ber of avail­able jobs has re­bounded since the depths of the re­ces­sion but re­mains well be­low pre-re­ces­sion lev­els.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.