Job Openings SURGE To 3.642M In May

Jobs Initial Claims Resume Job Seeker Employment UnemployedEmployment seekers attend the ‘JobExpo’ employment fair at the Radisson Martinique on Broadway hotel on January 25, 2012 in New York City.

Photo: Mario Tama/Getty Images

Job openings surged above expectations in May, new data out of the Bureau of labour Statistics shows.There were some 3.642 million openings during the month, a 5.6 per cent gain from April and more than 18 per cent higher than the year-ago period.

The BLS said job openings increased in the manufacturing sector, as well as at the state and local government level. 

At that rate, there were 3.5 unemployed Americans competing for each job opening in May.

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