Thread by @bencasselman

Job openings hit a new record in June, but crucially, hires *also* rose. Suggests employers are finding a way through the labor logjam. #JOLTS
bls.gov/news.release/e…

Different story in leisure and hospitality, however, where openings were up again but hiring was flat (though still high by historical standard, consistent with what we saw in the monthly jobs reports).

It's a good time to be looking for a job (and a hard time to be trying to hire): There was just under 1 unemployed worker for every job opening in June. (Note that this adjusts for workers misclassified as "employed," though not for people who have left the labor force.)

Voluntary quits rebounded in June and are near their all-time high. That's a sign of confidence among workers, and is consistent with anecdotes of employees shopping around for better opportunities.

For much more #JOLTS coverage, including some interesting industry breakdowns, see this thread from @nick_bunker:

https://twitter.com/nick_bunker/status/1424732588644749315