Job Openings Fall in May, but Tight Labor Market Remains

Staffing Industry Analysts (07/06/22) US job openings fell by 427,000 in May compared to April to 11.25 million but still far exceed the number of job seekers, the US Bureau of Labor Statistics reported. Figures for hires and total separations were little changed. The largest decreases in job openings were in professional and business services, […]

Worker Shortages Remain a Top Problem for Small Business Owners

National Federation of Independent Business (07/07/22) Half of small business owners (seasonally adjusted) reported job openings they could not fill in the current period, down one point from May’s 48-year record high, according to the National Federation of Independent Business. Some 23% of owners said that labor quality was their top business problem, unchanged from […]