U S job openings rise amid weak May employment

The number of job openings in the United States rose slightly in May, increasing by 9,000 to reach 7.594 million positions, while the employment rate remained steady at 4.6%. The number of hires decreased by 45,000 to 5.170 million, whereas layoffs increased to 1.708 million, a rise of 1.1%. Investors are awaiting the June employment report, with expectations of adding 110,000 jobs and the unemployment rate remaining steady at 4.3%.

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