US job openings decline from record level but remain high
WASHINGTON (AP) – The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are still desperate to hire more people.
Employers advertised 11.4 million jobs at the end of April, the Labor Department said Wednesday, down from nearly 11.9 million in March, the highest level on records that date back 20 years.
At that level, there are nearly two job openings for every unemployed person. That’s a sharp reversal from the historic pattern: Before the pandemic, there were always more unemployed people than available jobs.