In May of 2023, the economy added 339,000 jobs to total non-farm payroll employment—a sign that the economy was continuing its comeback from the pandemic. Additionally, 496,000 job openings were lost to a total of 9.8 million outstanding job openings according to Bureau of Labor Statistics (BLS) data from the Job Openings and Labor Turnover Survey (JOLTS).
Job Openings Only Decline During Recessions
Job Openings Only Decline During Recessions
Job Openings Only Decline During Recessions
In May of 2023, the economy added 339,000 jobs to total non-farm payroll employment—a sign that the economy was continuing its comeback from the pandemic. Additionally, 496,000 job openings were lost to a total of 9.8 million outstanding job openings according to Bureau of Labor Statistics (BLS) data from the Job Openings and Labor Turnover Survey (JOLTS).