The Job Openings and Labor Turnover Survey (JOLTS) released this morning by the Bureau of Labor Statistics (BLS) topped expectations and kicked off a busy week of jobs data.
The mid-morning report showed the number of job openings ticked slightly higher in May, to 8.1 million from 7.9 million in April. The April number was revised lower by 140,000 from its initial release last month. The data also revealed that the job openings rate ticked higher to 4.9% in May from 4.8% in April.
