U.S. Job Openings Rose in April, Reversing Three Months of Decline

A teachers’ job fair in Lansdowne, Pa., earlier this month. U.S. job openings have decreased from the record 12 million recorded in March 2022. Photo: Matt Rourke/Associated Press By Gwynn Guilford May 31, 2023 10:26 am ET U.S. job openings climbed in April and layoffs fell in signs that employers’ demand for workers remains strong as the economy gradually slows. Employers reported a seasonally adjusted 10.1 million job openings in April, the Labor Department said Wednesday, up from a revised 9.7 million in March. April’s increase reversed three months of declines. Layoffs fell to 1.6 million in April, from 1.8 million in March. Ope

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U.S. Job Openings Rose in April, Reversing Three Months of Decline

Gwynn Guilford

May 31, 2023 10:26 am ET

U.S. job openings climbed in April and layoffs fell in signs that employers’ demand for workers remains strong as the economy gradually slows.

Employers reported a seasonally adjusted 10.1 million job openings in April, the Labor Department said Wednesday, up from a revised 9.7 million in March. April’s increase reversed three months of declines. Layoffs fell to 1.6 million in April, from 1.8 million in March.

Openings have decreased from the record 12 million recorded in March 2022. But they remained well above the 5.7 million people looking for work in April—pointing to a solid labor market more than a year after the Federal Reserve began aggressively lifting interest rates to cool the economy and tame inflation.

“We continue to see a lot of demand,” said Dawn Fay, operational president at job recruiting firm Robert Half. “It’s as strong as it was prepandemic, which was really, really high.”

Job openings increased for positions at retailers, warehouses, healthcare businesses and transportation. Vacancies declined at factories, real-estate firms and state and local governments.