U.S. Job Openings Hold Steady at 8.2 Million in June 2024
Job openings unchanged year-over-year, hiring and separation rates stable
By News Desk
Published - Jul 30, 2024, 12:19 PM ET
Last Updated - Jul 30, 2024, 01:36 PM EDT
U.S. labor market was stable in June 2024 with the number of job openings holding steady at 8.2 million, matching the previous year's figures, according to the U.S. Bureau of Labor Statistics. The month also saw little change in hiring and total separations, with both metrics reflecting a consistent labor market.
Year-Over-Year Decrease
Over the past year, the job openings have seen a notable decrease by 941,000 positions, primarily in sectors like durable goods manufacturing and the federal government. However, there were significant increases in sectors such as hospitality and food services and state and local government, excluding education. Hiring also decreased over the year by 554,000, marking a subtle downturn in labor market dynamics.
