06.07.2022 17:57
Around 4.3 people left their jobs in May, US Labor Department figures show.
Job openings in the US declined to 11.25 million in May, official data showed on Wednesday.
The figure is a 427,000 decline from the approximately 11.68 million in April, while the rate of job openings stood at 6.9% in May, according to the Labor Department.
The largest decreases in openings were in professional and business services with 325,000, followed by durable goods manufacturing at 138,000.
The number of hires and its rate saw little change at 6.5 million and 4.3%, respectively.
Total separations, which include employees leaving, layoffs and discharges, was also steady at 6 million.
Around 4.3 million people left their jobs during May, according to the figures.
The survey measures job vacancies by collecting data from employers about employment, job openings, hiring, and separations.
The Job Openings and Labor Turnover Survey, or JOLTS, considers job openings as all positions that are open or not filled on the last business day of the month when the survey is done. -