A ‘We’re Hiring!’ sign is posted at a Starbucks on August 06, 2021 in Los Angeles, California.
Mario Tama | Getty Images
The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as the U.S. labor market continues a choppy recovery from last year’s economic shutdowns, the Labor Department said Monday.
There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while the layoffs and discharges rate was unchanged, reflecting increased bargaining power and employment options for workers.
By industry, leisure and hospitality show one of the highest level of job openings at more than 1.6 million. Health care and social assistance has 1.5 million openings.
“Labor demand keeps getting stronger. This is the third straight month of record-breaking job openings,”…