Day: July 6, 2023

US Job Openings Fall in May, but Number of Quits Rises

US Bureau of Labor Statistics (07/06/23) Job openings fell by 496,000 in May compared to the previous month and separations increased, according to seasonally adjusted data released by the US Bureau of Labor Statistics. The largest decreases in job openings occurred in healthcare and social assistance, down by 285,000; finance and insurance, down by 139,000; and in “other services,” down by 78,000. However, the BLS

Read More »
Employers

Private Sector Employment Increased by 497,000 Jobs in June

ADP News Release (07/06/23) Private sector employment increased by 497,000 jobs in June and annual pay was up 6.4% year-to-year, according to the June ADP National Employment Report. “Consumer-facing service industries had a strong June, aligning to push job creation higher than expected,” said Nela Richardson, chief economist, ADP. “But wage growth continues to ebb in these same industries, and hiring likely is cresting after

Read More »