U.S. Hiring Demand Remained Strong in April

Demand for employees remained sturdy in the spring, with April job openings and the variety of occasions employees give up their jobs lowering from their file highs the prior month.

The Labor Department on Wednesday mentioned there have been a seasonally adjusted 11.4 million job openings in April, a lower from an upwardly revised file excessive of 11.9 million openings reached the prior month. The variety of occasions employees give up their jobs fell barely to 4.4 million. Both are indicators the labor market stays unusually tight.