Total employment openings fell by 455,000 to 1.4 million in April, as the large gap between vacant positions and available workers narrowed, according to the Bureau of Labor Statistics’  Job Openings and Labor Turnover Survey (JOLTS) from June 1.
The decline in job openings is in decline from an upwardly revised 11.855 million in March, approximately in line with the FactSet estimate.
The figures for April saw the closing of the distance between job vacancies and available workers to 5.46 million from the 5.6 million in March, suggesting a still tight jobs market.
However, the amount of new hires and departing employees changed little for the month, which is still high by historical standards….