Could the latest jobs report be a breath of fresh air for job seekers?
U.S. employers posted 7.8 million job openings in May, up from 7.4 million in April, according to the Bureau of Labor Statistics. That’s the highest since November 2024, when hiring increased following the presidential election.
Gains in job openings were driven by two main sectors: accommodation and food services and finance and insurance, which added 314,000 and 91,000 postings respectively. Seasonal hiring likely boosted hospitality listings, with finance benefitting from a potential easing of federal regulations.