LABOR SHORTAGE PERSISTS IN APRIL

Key Points:

  • The number of available jobs since May 2021 continues to outnumber Americans looking for work.
  • Job openings slipped to 11.4 million in April after reaching a record high 11.9 million in March.
  • The U.S. added 428,000 jobs in April but there were 5.9 million people unemployed.
  • In March, the number of hires was little changed at 6.6 million and the number of separations decreased to 6.0 million.
  • Within separations, the number of quits remain near record highs at 4.4 million, while layoffs and
    discharges edged down to a series low of 1.2 million.
  • The share of adults working or looking for a job was little changed at 62.2% in April.
  • The Right Facts will continue to monitor unemployment and job openings.