US job openings increased to a record 8.14 million in June 2024

Highlights: US Job openings reach record-high figure of 8.14 million in June 2024

• According to the Bureau of Labour Statistics, US job openings have shown a rapid growth in June 2024.
• Job vacancies in the US increased to a record-high figure of 8.14 million.
• The highest number of job vacancies is reported in the manufacturing industry and the government sector.
• The growth in job openings in June marked a significant development in the US labor market.

*Willing to work in the US? Y-Axis is here to provide complete assistance!

 

Increased Job Vacancies in the US

Recent reports by the Bureau of Labour Statistics reveal that the US labor market has shown a significant increase in job openings in June 2024. The latest Job Openings and Labour Turnover Survey (JOLTS) report published by the Bureau reported around 8.14 million job vacancies in the US.

 

The rapid surge of job vacancies in the US shows positive growth in the US labor market. Industries that have the highest number of job openings in the US include the manufacturing industry, especially durable goods, and the government sector comprising the federal, state, and local governments.

 

*Looking for jobs in the USA? Avail Y-Axis Job Search Services to get personalized assistance!

 

Recent Turnover in the US Labour Market

The US labor market has been demonstrating continued stability with recent developments in job openings. The estimated number of total recruitments increased to 5.76 million from 5.62 million in April 2024.

 

There has been an increase in the total employment rate as both recruitment and job opening rates increased in the US. Job switches have become more frequent in the US and are facilitated by the increase in annual salary packages of employees. The employment growth rate remained stable, with an expected net gain of 272,000 as of June 2024.

 

*Are you looking for step-by-step assistance with US immigration? Contact Y-Axis, the world’s No. 1 overseas immigration consultancy, for end-to-end support!

 

For recent immigration updates, check out the Y-Axis US Immigration News.