May 2026 JOLTS Report: More of the Same

Key points:

Job openings were unchanged at 7.6 million in May, from a downwardly revised level in April, according to the US Bureau of Labor Statistics. The layoffs rate ticked up to 1.1% in May 2026 but remains well within its recent range. The quits rate was unchanged at 1.9%.

Today’s JOLTS data prove that the job market

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