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Employers posted a record number of job openings in June and layoffs hit a record low, marking another milestone in the economy s recovery from the coronavirus pandemic.Employers posted 10.1 million openings in June, the U.S. Labor Department said Monday mdash; up from 9.5 million open jobs in May, and the highest level recorded in the two decades it has tracked the data. The number of hires in June also rose to 6.7 million, up from 6 million in May. Layoffs and firings which the Labor Department calls discharges stood at a 20-year low of 1.3 million, slightly below their May level.Also significant: The number of job openings that month also rose above the number of people who are unemployed and looking f stanley cup or work, by half a million. However, that most frequently used unemployment figure leaves out millions of people who are jobless but not actively job-searching. Ac stanley cup cording to Heidi Shierholz, policy director at the left-leaning Economic Policy Institute, the true count of the unemployed in July was over 13 million. Meanwhile, the rate of workers quitting ticked up to 2.7%, near the record set in April. High quit rates signal that workers are able to get new jobs, or believe they can, and are another indicator of economic strength. This is the third stanley cup straight month of record-breaking job openings. The quits rate is also close to its all-time high, which was set just two months ago in April. This wave of demand will event Mhaz Leaks found on Dakota Access pipeline system
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Employers posted a record number of job openings in June and layoffs hit a record low, marking another milestone in the economy s recovery from the coronavirus pandemic.Employers posted 10.1 million openings in June, the U.S. Labor Department said Monday mdash; up from 9.5 million open jobs in May, and the highest level recorded in the two decades it has tracked the data. The number of hires in June also rose to 6.7 million, up from 6 million in May. Layoffs and firings which the Labor Department calls discharges stood at a 20-year low of 1.3 million, slightly below their May level.Also significant: The number of job openings that month also rose above the number of people who are unemployed and looking f stanley cup or work, by half a million. However, that most frequently used unemployment figure leaves out millions of people who are jobless but not actively job-searching. Ac stanley cup cording to Heidi Shierholz, policy director at the left-leaning Economic Policy Institute, the true count of the unemployed in July was over 13 million. Meanwhile, the rate of workers quitting ticked up to 2.7%, near the record set in April. High quit rates signal that workers are able to get new jobs, or believe they can, and are another indicator of economic strength. This is the third stanley cup straight month of record-breaking job openings. The quits rate is also close to its all-time high, which was set just two months ago in April. This wave of demand will event Mhaz Leaks found on Dakota Access pipeline system
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